earnings
confidence high
sentiment positive
materiality 0.75
Balchem Q3 revenue up 23.4% to $244.3M; adjusted EPS $1.00 vs $0.92 YoY
BALCHEM CORP
2022-Q3 EPS reported
$2.59
revenue$709,827,000
- Net sales $244.3M (+23.4% YoY); GAAP EPS $0.78, adjusted EPS $1.00.
- Adjusted EBITDA $53.8M (+11.2% YoY); net earnings $25.2M (+0.9%).
- Completed Bergstrom (OptiMSM) acquisition on Aug 30, 2022, adding MSM capabilities.
- Cash from ops $41.6M; free cash flow $26.8M; net debt $406.1M (leverage 1.9x).