Ashland (ASH) Tops Q3 EPS by 33c, Offers Guidance
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Ashland reports strong financial results1 for third quarter of fiscal year 2022 consistent with previous update
July 26, 2022 5:00 PM EDTSales of $644 million, up 19 percent from the prior-year quarterNet income (including discontinued operations) of $36 million, or $0.65 per diluted shareIncome from continuing operations of $51 million, or $0.93 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $104 million, or $1.89 per diluted shareAdjusted EBITDA of $174 millionCash flows provided by operating activities of $(17) million; ongoing free cash flow2 of $13 million
WILMINGTON, Del., July 26, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced financial results1 for the third quarter of fiscal year 2022, which ended June 30, 2022. The global additives and specialty ingredients... More
