Phibro Animal Health (PAHC) Misses Q1 EPS by 6c; Offers FY23 Guidance
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Phibro Animal Health Corporation Reports First Quarter Results, Revised Guidance
November 9, 2022 4:25 PM ESTTEANECK, N.J.--(BUSINESS WIRE)-- Phibro Animal Health Corporation (Nasdaq: PAHC) (Phibro or the Company) today announced financial results for its first quarter ended September 30, 2022, and reiterated its financial guidance for Net sales and Adjusted EBITDA and revised its guidance for Net income, Diluted EPS, Adjusted net income, Adjusted diluted EPS and Adjusted effective tax rate for the year ending June 30, 2023.
Highlights for the three months ended September 30, 2022 (compared to the three months ended September 30, 2021)
Net sales of $232.5 million, an increase of $17.9 million, or 8% Net income of $3.9... More