Phibro Animal Health Corporation Reports First Quarter Results

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Phibro Animal Health (PAHC) Misses Q1 EPS by 5c, Revenues Miss; Reaffirms Previous FY Guidance

November 4, 2019 4:50 PM EST

Phibro Animal Health (NASDAQ: PAHC) reported Q1 EPS of $0.19, $0.05 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $190 million versus the consensus estimate of $199.67 million.

Highlights for the September 2019 quarter (compared to the September 2018 quarter)

Net sales of $190 million, a decrease of $10 million, or 5%Net income of $3 million, a decrease of $14 million, or 85%Diluted EPS of $0.06, a decrease of $0.34, or 85%Adjusted EBITDA of $20 million, a decrease of $10 million, or 35%Adjusted diluted EPS of $0.19, a decrease of $0.20, or... More