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ASH - Earnings announcements
Ashland Inc. (ASH) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for ASH
- Ashland reports second quarter fiscal 2026 results and updates full-year outlookSales of $482 million, up one percent from the prior-year quarterIncome from continuing operations of $15 million, or $0.32 per diluted shareAdjusted Income from Continuing Operations Excluding Intangibles Amortization Expense of $42 million, or $0.91 per diluted shareNet income of $16 million, or $0.34 per diluted shareAdjusted EBITDA of $98 million, down nine percent from the prior-year quarter, primarily reflecting temporary operational impacts from the Calvert City startup delay, Hopewell productivity challenges, and weather-related disruptions in the second quarterCash flows provided by operating activities of $50 million; Ongoing Free Cash Flow2 of $29 millionUpdating full‑year fiscal
- Ashland sets date for second-quarter fiscal 2026 earnings release and conference call webcastWILMINGTON, Del., April 15, 2026 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its second-quarter fiscal 2026 earnings release at approximately 5 p.m. ET on Tuesday, April 28, 2026. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, April 29. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerWilliam Whitaker, senior vice president, and chief fi
- Ashland reports first quarter fiscal 2026 results and narrows full-year outlookSales of $386 million, down five percent from the prior-year quarterPreviously announced Avoca divestiture reduced overall sales by approximately $10 million or two percent versus the prior-year quarter; excluding the Avoca divestiture, sales declined three percentLoss from continuing operations of $14 million, or $(0.30) per diluted shareAdjusted Income from Continuing Operations Excluding Intangibles Amortization Expense of $12 million, or $0.26 per diluted shareNet loss of $12 million, or $(0.26) per diluted shareAdjusted EBITDA of $58 million, down five percent from the prior-year quarter, with the Avoca divestiture contributing to a two percent or $1 million decline; excluding the Avoca
- Ashland sets date for first-quarter fiscal 2026 earnings release and conference call webcastWILMINGTON, Del., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its first-quarter fiscal 2026 earnings release at approximately 5 p.m. ET on Monday, February 2, 2026. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Tuesday, February 3. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerWilliam Whitaker, senior vice president, and chief fina
- Ashland reports fourth quarter fiscal 2025 results and issues outlook for full-year 2026Sales of $478 million, down eight percent from the prior-year quarterPreviously announced carboxymethylcellulose (CMC), methylcellulose (MC), Nutraceuticals and Avoca portfolio optimization initiatives (collectively, Portfolio Optimization) reduced overall sales by approximately $38 million or seven percent versus the prior-year quarter. Excluding these initiatives, sales declined one percentIncome from continuing operations of $33 million, or $0.73 per diluted shareAdjusted Income from Continuing Operations Excluding Intangibles Amortization Expense of $50 million, or $1.08 per diluted shareNet income of $32 million, or $0.71 per diluted shareAdjusted EBITDA of $119 million, down four p
- Ashland changes start time for fourth-quarter fiscal 2025 earnings conference call webcastWILMINGTON, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) has changed the start time of its fourth-quarter fiscal 2025 earnings webcast being held on Wednesday, November 5, 2025. The event will now begin at 10:00 a.m. ET instead of 9:00 a.m. ET. Attendees that have previously registered do not need to register again. The company's live webcast with securities analysts will include an executive summary and detailed remarks. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. To access the call by phone, please go to this registration link and you will be provided with dial in detail
- Ashland sets date for fourth-quarter fiscal 2025 earnings release and conference call webcastWILMINGTON, Del., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its fourth-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Tuesday, November 4, 2025. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, November 5. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerWilliam Whitaker, senior vice president, and chief
- Ashland reports third quarter fiscal 2025 results and narrows full-year outlook rangeSales of $463 million, down 15 percent from the prior-year quarterPreviously announced carboxymethylcellulose (CMC), methylcellulose (MC), Nutraceuticals and Avoca portfolio optimization initiatives (collectively, Portfolio Optimization) reduced overall sales by approximately $53 million or 10 percent versus the prior-year quarter. Excluding these initiatives, sales declined five percentLoss from continuing operations of $719 million, or $(15.70) per diluted share, primarily reflecting a non-cash goodwill impairment charge of $706 millionAdjusted Income from Continuing Operations Excluding Intangibles Amortization Expense of $48 million, or $1.04 per diluted shareNet loss of $742 million, or
- Ashland sets date for third-quarter fiscal 2025 earnings release and conference call webcastWILMINGTON, Del., July 16, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its third-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Tuesday, July 29, 2025. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 10 a.m. ET on Wednesday, July 30. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerWilliam Whitaker, interim chief financial officerDago C
- Ashland reports second quarter fiscal 2025 results and revises full-year outlookSales of $479 million, down 17 percent from the prior-year quarterPreviously announced carboxymethylcellulose (CMC), methylcellulose (MC), nutraceuticals and Avoca portfolio optimization initiatives (collectively, "Portfolio Optimization") reduced overall sales by approximately $67 million or 12 percent versus the prior-year quarter. Excluding these initiatives, sales declined five percent.Income from continuing operations of $30 million, or $0.63 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $46 million, or $0.99 per diluted shareNet income of $31 million, or $0.65 per diluted shareAdjusted EBITDA of $108 million, down 14 percent f
- Ashland sets date for second-quarter fiscal 2025 earnings release and conference call webcastWILMINGTON, Del., April 17, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its second-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Wednesday, April 30, 2025. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 10 a.m. ET on Thursday, May 1. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financia
- Ashland reports financial results for first quarter fiscal 20251, reiterates outlook for full-year fiscal 2025Sales of $405 million, down 14 percent from the prior-year quarterPreviously announced carboxymethylcellulose (CMC), methylcellulose (MC) and nutraceuticals portfolio optimization initiatives (collectively, "Portfolio Optimization") reduced overall sales by approximately $50 million or 11 percent versus the prior-year quarter. Excluding Portfolio Optimization, sales declined 3 percent versus prior-year quarterLoss from continuing operations of $166 million, or loss of $3.51 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $14 million, or $0.28 per diluted shareNet loss of $165 million, or loss of $3.50 per diluted shareA
- Ashland sets date for first-quarter fiscal 2025 earnings release and conference call webcastWILMINGTON, Del., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its first-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Tuesday, January 28, 2025. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 29. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief finan
- Ashland reports financial results for fourth-quarter fiscal 20241, issues outlook for full-year fiscal 2025, provides portfolio optimization update and announces strategy update eventFinancial results for fourth-quarter fiscal 20241 Sales of $522 million, up one percent from the prior-year quarterSold nutraceuticals business to Turnspire Capital Partners LLCPreviously announced carboxymethylcellulose (CMC), methylcellulose (MC) and nutraceuticals portfolio optimization initiatives reduced overall sales by approximately $24 million or five percent versus the prior-year quarterIncome from continuing operations of $19 million, or $0.39 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $61 million, or $1.26 per diluted shareAdjusted EBITDA of $124 million, up 68 percent from the prior-year quarterAdjusted EBITDA below
- Ashland sets date for fourth-quarter fiscal 2024 earnings release and conference call webcastWILMINGTON, Del., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its fourth-quarter fiscal 2024 earnings release at approximately 5 p.m. ET on Wednesday, November 6, 2024. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Thursday, November 7. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief fin
- Ashland reports financial results1 for third quarter fiscal 2024, issues outlook for fourth quarter and full-year fiscal 2024Sales of $544 millionNet income (including discontinued operations) of $6 million, or $0.12 per diluted shareIncome from continuing operations of $31 million, or $0.60 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $75 million, or $1.49 per diluted shareAdjusted EBITDA of $139 million, up five percent from the prior-year quarterCash flows provided by operating activities of $128 million; ongoing free cash flow2 of $112 millionRepurchased 1.3 million shares; $770 million remaining under existing authorization WILMINGTON, Del., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the third
- Ashland sets date for fiscal 2024 third-quarter earnings release and conference call webcastWILMINGTON, Del., July 17, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its third-quarter earnings release at approximately 5 p.m. ET on Tuesday, August 6, 2024. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 10 a.m. ET on Wednesday, August 7. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financial officer Wi
- Ashland reports financial results1 for second quarter fiscal 2024; issues outlook for third quarter and full-year fiscal 2024Sales of $575 million, down five percent from the prior-year quarterNet income (including discontinued operations) of $120 million, or $2.39 per diluted shareIncome from continuing operations of $121 million, or $2.40 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.27 per diluted shareAdjusted EBITDA of $126 millionCash flows provided by operating activities of $54 million; ongoing free cash flow2 of $4 million WILMINGTON, Del., April 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the second quarter of fiscal year 2024, which ended March 31, 2024, and issued its outloo
- Ashland sets date for fiscal 2024 second-quarter earnings release and conference call webcastWILMINGTON, Del., April 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, April 30, 2024. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, May 1. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financial officer Will
- Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024Sales of $473 million, down 10 percent from the prior-year quarterNet income (including discontinued operations) of $26 million, or $0.51 per diluted shareIncome from continuing operations of $28 million, or $0.54 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $23 million, or $0.45 per diluted shareAdjusted EBITDA of $70 millionCash flows provided by operating activities of $201 million; ongoing free cash flow2 of $66 million WILMINGTON, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the first quarter of fiscal year 2024, which ended December 31, 2023, and issued its ou
- Ashland sets date for fiscal 2024 first-quarter earnings release and conference call webcastWILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m. ET on Tuesday, January 30, 2024. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 31, 2024. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financial o
- Ashland reports financial results1 for fourth-quarter fiscal 2023; issues outlook for first-quarter fiscal 2024Sales of $518 million, down eighteen percent from the prior-year quarterNet loss (including discontinued operations) of $4 million, or $0.07 per diluted shareLoss from continuing operations of $8 million, or $0.15 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $21 million, or $0.41 per diluted shareAdjusted EBITDA of $74 millionCash flows provided by operating activities of $130 million; ongoing free cash flow2 of $104 million WILMINGTON, Del., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the fourth quarter of fiscal year 2023, which ended September 30, 2023, together with its fi
- Ashland provides update on fiscal 2023 fourth-quarter and full-year earnings1 and announces upcoming portfolio-optimization actions; sets date for fiscal 2023 fourth-quarter earnings releaseResults in the fourth quarter reflect a customer-demand environment that was generally consistent with expectationsFourth-quarter and full-year earnings are below expectations driven primarily by additional inventory-control actionsInitiation of portfolio-optimization actions to further strengthen resilience and improve profitability. WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today provided an update for preliminary fiscal 2023 fourth-quarter results, full-year sales and Adjusted EBITDA.1 Ashland's financial results during the quarter reflect market-demand dynamics and underlying business performance that were generally consistent with previously comm
- Ashland reports financial results1 for third quarter of fiscal year 2023Sales of $546 million, down 15 percent compared to the prior-year quarterNet income (including discontinued operations) of $50 million, or $0.94 per diluted shareIncome from continuing operations of $42 million, or $0.79 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $65 million, or $1.23 per diluted shareAdjusted EBITDA of $133 millionCash flows provided by operating activities of $137 million; ongoing free cash flow2 of $97 million WILMINGTON, Del., July 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the third quarter of fiscal year 2023, which ended June 30, 2023. The global add
- Ashland sets date for fiscal 2023 third-quarter earnings release and conference call webcastWILMINGTON, Del., July 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its fiscal-third quarter earnings release at approximately 5 p.m. ET on Tuesday, July 25, 2023. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, July 26, 2023. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Participants in the webcast presentation include: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financial officer and S
- Ashland reports financial results1 for second quarter of fiscal year 2023 and updates fiscal year 2023 financial outlook; announces completion of $200 million share repurchaseSales of $603 million consistent with the prior-year quarterNet income (including discontinued operations) of $91 million, or $1.67 per diluted shareIncome from continuing operations of $92 million, or $1.68 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $78 million, or $1.43 per diluted shareAdjusted EBITDA of $145 millionCash flows provided by operating activities of $56 million; ongoing free cash flow2 of $37 million WILMINGTON, Del., May 02, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the second quarter of fiscal year 2023, which ended March 31, 2023. The global additives and sp
- Ashland sets date for fiscal 2023 second-quarter earnings release and conference call webcastWILMINGTON, Del., April 20, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, May 2, 2023. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, May 3, 2023. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief financial officer a
- Ashland reports financial results1 for first quarter of fiscal year 2023 consistent with previous updateSales of $525 million, up three percent from the prior-year quarterNet income (including discontinued operations) of $40 million, or $0.73 per diluted shareIncome from continuing operations of $42 million, or $0.76 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $54 million, or $0.97 per diluted shareAdjusted EBITDA of $108 millionCash flows used by operating activities of $29 million; ongoing free cash flow2 of negative $21 million WILMINGTON, Del., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the first quarter of fiscal year 2023, which ended December 31, 2022. The global additi
- Ashland provides update on fiscal 2023 first-quarter earnings and maintains its financial outlook for fiscal year 2023; sets date for fiscal 2023 first-quarter earnings releaseWILMINGTON, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today provided an update for preliminary fiscal 2023 first-quarter financial results1 and maintained its outlook for fiscal year 2023 results. Additional information regarding first-quarter fiscal 2023 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, February 1, 2023. Preliminary fiscal 2023 first-quarter financial resultsAshland's financial results during the quarter reflect rapidly evolving dynamics in the global markets the company serves, namely: Strong global demand for pharmaceutical ingredients;Resilient margins driven by pricing and mi
- Ashland reports financial results(1) for fourth-fiscal quarter; issues outlook for fiscal year 2023Sales of $631 million, up 7 percent from the prior-year quarterNet income (including discontinued operations) of $57 million, or $1.04 per diluted shareIncome from continuing operations of $60 million, or $1.09 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $80 million, or $1.46 per diluted shareAdjusted EBITDA of $147 millionCash flows provided by operating activities of $179 million; ongoing free cash flow2 of $93 million WILMINGTON, Del., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced financial results1 for the fourth quarter of fiscal year 2022, which ended September 30, 2022, together with its
- Ashland sets date for fiscal 2022 fourth-quarter earnings release and conference call webcastWILMINGTON, Del., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced plans to issue its fourth-quarter earnings release at approximately 5 p.m. ET on Monday, November 7, 2022. The company's live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Tuesday, November 8, 2022. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com. Among those participating in the webcast presentation will be: Guillermo Novo, chair, and chief executive officerKevin Willis, senior vice president and chief fina
- Ashland reports strong financial results1 for third quarter of fiscal year 2022 consistent with previous updateSales of $644 million, up 19 percent from the prior-year quarterNet income (including discontinued operations) of $36 million, or $0.65 per diluted shareIncome from continuing operations of $51 million, or $0.93 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $104 million, or $1.89 per diluted shareAdjusted EBITDA of $174 millionCash flows provided by operating activities of $(17) million; ongoing free cash flow2 of $13 million WILMINGTON, Del., July 26, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today announced financial results1 for the third quarter of fiscal year 2022, which ended June 30, 2022. The glob
- Ashland provides update on fiscal 2022 third-quarter earnings and raises its financial outlook for fiscal year 2022; sets date for fiscal 2022 third-quarter earnings releaseWILMINGTON, Del., July 18, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today provided an update for preliminary fiscal 2022 third-quarter financial results1 and raised its outlook for fiscal year 2022 results. Additional information regarding third-quarter fiscal 2022 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, July 27, 2022. Preliminary fiscal 2022 third-quarter financial resultsAshland's financial results during the quarter reflected previously communicated key drivers: Continued strong demand from resilient end-markets;Lower overall exposure to petrochemical-linked raw materials;Disciplined
- Ashland reports financial results(1) for second quarter of fiscal year 2022 consistent with previous updateSales of $604 million, up nineteen percent from the prior-year quarterNet income (including discontinued operations) of $786 million, or $13.69 per diluted shareIncome from continuing operations of $38 million, or $0.66 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $86 million, or $1.50 per diluted shareAdjusted EBITDA of $163 millionCash flows provided by operating activities of $16 million; ongoing free cash flow2 of $(5) million WILMINGTON, Del., April 26, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today announced financial results1 for the second quarter of fiscal year 2022, which ended March 31, 2022.
- Ashland provides update on fiscal 2022 second-quarter earnings and affirms its financial outlook for fiscal year 2022WILMINGTON, Del., April 12, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today provided an update for preliminary fiscal 2022 second-quarter financial results1 and affirmed its outlook for fiscal year 2022 results. Additional information regarding second-quarter fiscal 2022 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, April 27, 2022. Preliminary fiscal 2022 second-quarter financial resultsAshland's financial results during the quarter reflected previously communicated key drivers: Continued strong end-market demand;Disciplined pricing and product mix actions more than offset additional infl
- AppHarvest announces Q4 and FY2021 results exceed updated guidance as company expects to quadruple its farms and more than double net sales by end of 2022Company achieves high end of net sales guidance rangeand low-end of Net Loss and Adjusted EBITDA loss range for FY2021 Names Julie Nelson Chief Operating Officer to optimize operations across the AppHarvest farm network Cuts non-operations headcount by about 50% to enable positive operating cash flow with four-farm network Remains on track to add three farms and diversify cropsto include salad greens and berries by year-end MOREHEAD, Ky., Feb. 24, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and
- Ashland reports financial results1 for first quarter of fiscal year 2022 consistent with previous updateSales of $512 million, up nine percent from the prior-year quarterNet income (including discontinued operations) of $48 million, or $0.83 per diluted shareIncome from continuing operations of $32 million, or $0.55 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $51 million, or $0.88 per diluted shareAdjusted EBITDA of $106 millionCash flows provided by operating activities of $14 million; ongoing free cash flow2 of $26 million WILMINGTON, Del., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today announced financial results1 for the first quarter of fiscal year 2022, which ended December 31, 2021. The gl
- Ashland provides update on fiscal 2022 first-quarter earnings and maintains financial outlook for fiscal year 2022; sets date for fiscal 2022 first-quarter earnings releaseWILMINGTON, Del., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today provided an update for preliminary fiscal 2022 first-quarter financial results and maintained its outlook for fiscal year 2022 results. Additional information regarding first-quarter fiscal 2022 earnings will be shared during a conference call webcast with securities analysts on Wednesday February 2, 2022. Preliminary fiscal 2022 first-quarter financial results Ashland's financial results during the quarter reflected previously communicated key drivers: Continued strong end-market demand.Persistent supply-chain and labor-availability challenges impacting shipments and on-time order de
- Ashland reports financial results1 for fourth quarter and fiscal year 2021; issues outlook for fiscal year 2022WILMINGTON, Del., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today announced financial results1 for the fourth quarter of fiscal year 2021, which ended September 30, 2021, together with its fiscal year 2021 results summary and fiscal year 2022 outlook. The global additives and specialty ingredients company serves customers in a wide range of consumer and industrial markets. Sales were $591 million, up twelve percent compared to the prior-year period. Strong demand continued across the company's core, global end markets. Enhanced pricing and the addition of the Schülke & Mayr acquisition also contributed to the growth. These factors were partially of
- Ashland reports preliminary financial results1 for third quarter of fiscal year 2021Sales of $637 million, up eleven percent from the prior-year quarterNet income of $80 million, or $1.29 per diluted shareIncome from continuing operations of $87 million, or $1.40 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $75 million, or $1.22 per diluted shareAdjusted EBITDA of $148 millionCash flows provided by operating activities of $233 million; free cash flows of $210 million WILMINGTON, Del., July 27, 2021 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE:ASH) today announced preliminary1 financial results for the third quarter of fiscal year 2021, which ended June 30, 2021. The global specialty materials comp