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Dec 31, 2023
Phibro Q2 2024 Earnings Report
Phibro Animal Health Corporation reported a net sales increase of 2% and a net income decrease of 82% compared to the same quarter last year.
Key Takeaways
Phibro Animal Health Corporation reported second quarter results with a net sales increase of 2% to $249.9 million. However, net income decreased by 82% to $1.3 million, and diluted earnings per share decreased by $0.15 to $0.03.
Net sales increased by 2% to $249.9 million.
Net income decreased by $5.9 million to $1.3 million.
Diluted earnings per share decreased by $0.15 to $0.03.
Adjusted EBITDA decreased by 5% to $29.5 million.
Revenue by Segment
Forward Guidance
Phibro Animal Health Corporation updated its fiscal year 2024 financial guidance, reflecting recent developments including expenses for Brazil employment taxes, additional foreign currency losses, acquisition-related expenses, and related effects on the provision for income taxes.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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