Ashland (ASH) Tops Q1 EPS by 1c, Offers Guidance

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Go back to Ashland (ASH) Tops Q1 EPS by 1c, Offers Guidance

Ashland reports financial results1 for first quarter of fiscal year 2022 consistent with previous update

February 1, 2022 5:05 PM EST

Sales of $512 million, up nine percent from the prior-year quarterNet income (including discontinued operations) of $48 million, or $0.83 per diluted shareIncome from continuing operations of $32 million, or $0.55 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $51 million, or $0.88 per diluted shareAdjusted EBITDA of $106 millionCash flows provided by operating activities of $14 million; ongoing free cash flow2 of $26 million

WILMINGTON, Del., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2022, which ended... More