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Omnova Solutions swings to profit in Q1

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Staff Writer | March 29, 2017
Omnova Solutions announced first quarter net profit of $3.6 million compared to loss of $1.1 million last year.
Omnova Solutions
Omnova Solutions   Net sales for the quarter slipped to $174.6 million
On a per share basis, the company recorded $0.08 compared to loss of $0.03 in the previous year. On an adjusted basis, earnings were $0.05 per share.

Net sales for the quarter slipped to $174.6 million from $175.3 million a year ago. Wall Street was looking for revenue of $169.7 million.


 

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