Innophos Holdings, Inc. Reports First-Quarter 2019 Results
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Innophos Holdings (IPHS) Tops Q1 EPS by 14c, Revenues Miss
April 30, 2019 7:35 AM EDTInnophos Holdings (NASDAQ: IPHS) reported Q1 EPS of $0.57, $0.14 better than the analyst estimate of $0.43. Revenue for the quarter came in at $191 million versus the consensus estimate of $197.4 million.
Strategic Highlights
Continued progress executing against our Vision 2022 strategic roadmap and Strategic PillarsContributions from price actions continued to offset input cost increasesAdvanced the transition to lower cost value chain structure as the Geismar facility successfully optimized the processing of the new multi-sourced supply mix and scaled up to targeted run ratesOn track to realize adjusted diluted EPS improvement of 10%, or $0.25... More