Income from continuing operations was $43 million compared to a loss of $575 million in the prior-year quarter, or $0.69 per diluted share compared to a loss of $9.48 in the prior-year quarter. Net income was $41 million compared to a net loss of $582 million in the prior-year quarter which included the impact of a non-cash goodwill impairment charge. Sales were approximately $598 million, down two percent compared to the prior-year period, reflecting the combined effect of these dynamics. Gulf Coast and changing consumer habits as the global pandemic has persisted. Results were negatively impacted by the weather-related events in the U.S. The global specialty materials company serves customers in a wide range of consumer and industrial markets.Īshland’s financial results during the quarter reflected execution of the company’s strategy, the benefit of continued cost reduction and improving industrial demand. (NYSE: ASH) today announced preliminary 1 financial results for the second quarter of fiscal year 2021, which ended March 31, 2021. WILMINGTON, Del., Ap(GLOBE NEWSWIRE) - Ashland Global Holdings Inc.
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Income from continuing operations of $43 million, or $0.69 per diluted shareĪdjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.05 per diluted shareĬash flows provided by operating activities of $64 million free cash flows of $40 million Net income of $41 million, or $0.66 per diluted share Sales of $598 million, down two percent from the prior-year quarter
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