Quaker Houghton Q2 2021: record sales $435M, net income $33.6M, adj EBITDA $70.1M, reaffirms FY guidance

QUAKER CHEMICAL CORP

2021-Q2 EPS reported $4.03 revenue$865,045,000

Net sales of $435.3M increased 52% YoY; net income of $33.6M vs net loss of $7.7M in Q2 2020.
Non-GAAP EPS of $1.82 vs $0.21; adjusted EBITDA of $70.1M up 118% YoY.
Gross margin 35.5% improved YoY but down sequentially from 36.3% in Q1 due to raw material cost increases.
Year-to-date operating cash outflow $9.6M vs inflow $44.7M in prior period due to working capital build.
Reaffirmed full-year adjusted EBITDA floor guidance; expects gross margin to improve in Q4 after further price increases.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.