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Stock impact report

Element Solutions Inc Announces 2020 First Quarter Financial Results

Element Solutions Inc. (ESI) 
Last element solutions inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ittesi.com
Company Research Source: Business Wire
Net sales of $453 million, a decline of 2% from last year on a reported basis or 3% on an organic basisGAAP diluted earnings per share of $0.03, compared to loss per share of $0.02 in the same period last year; adjusted EPS of $0.25, an increase of 25% from last year Reported net income of $8 million, compared to a loss of $4 million in the same period last yearAdjusted EBITDA of $110 million, an increase of 14% from last year on a constant currency basisFirst quarter cash flows from operating activities of $61 million; first quarter free cash flows of $51 millionExpect second quarter 2020 adjusted EBITDA of $70 million to $75 millionRepurchased approximately 3.7 million shares of common stock in the first quarter MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) (“Element Solutions” or the “Company”), a global and diversified specialty chemicals company, today announced its financial results for the three months ended March 31, 2020.Executive CommentaryChief Executive Offic Show less Read more
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