earnings
confidence high
sentiment positive
materiality 0.75
Balchem reports record Q2 sales of $202.4M, GAAP EPS $0.70, adjusted EPS $0.93, up 16.7% YoY
BALCHEM CORP
2021-Q2 EPS reported
$1.41
revenue$388,021,000
- Record Q2 net sales $202.4M, up 16.7% YoY; all three segments set records.
- GAAP net earnings $22.7M ($0.70 EPS); adjusted net earnings $30.4M ($0.93 EPS).
- Adjusted EBITDA $50.1M, up 14.3% from $43.9M in prior year quarter.
- Quarterly cash from ops $35.8M; free cash flow $28.4M; repaid $30M revolver debt.
- Flood at Verona, MO plant caused $3.8M impact; plant now operational; insurance claim filed.