Balchem Corporation Reports Record Second Quarter Sales of $202 4 Million, Net Earnings of apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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Balchem Corporation Reports Record First Quarter Sales of $185.7 Million, Net Earnings of $23.4 .
Balchem CorporationApril 30, 2021 GMT
NEW HAMPTON, N.Y., April 30, 2021 (GLOBE NEWSWIRE) Balchem Corporation (NASDAQ: BCPC) reported today first quarter 2021 net earnings of $23.4 million, compared to net earnings of $19.8 million for the first quarter 2020, adjusted net earnings(a) of $28.4 million, compared to $26.4 million in the prior year quarter, and adjusted EBITDA(a) of $45.7 million, compared to $42.4 million in the prior year quarter.
First Quarter 2021 Financial Highlights:
Net sales were $185.7 million, an increase of $11.2 million, or 6.4%, compared to the prior year quarter, with year over year sales growth in all three segments: Human Nutrition and Health, Animal Nutrition and Health, and Specialty Products.