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Sales of $290.8 million are up 19.8% from 3Q 2016, with adjusted EBITDA of $97.7 million.
August 2, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Versum Materials, Inc. reported results for the fiscal third quarter ended June 30, 2017. Sales of $290.8 million were up 19.8% from the same quarter a year ago, driven by robust volume growth from both business segments, Delivery Systems & Services (DS&S) and Materials. Net income for the fiscal third quarter ended June 30, 2017 was $52.7 million, or $0.48 per diluted share, up $4.9 million or 10.3% from third quarter 2016, resulting in net income margin of 18.1%. Excluding the one‐...
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