Quaker Houghton Announces Second Quarter Results
(WorldNews Asia)

Quaker Houghton Announces Second Quarter Results August 5, 2020 Net sales of $286.0 million decreased 27% compared to prior year pro forma net sales primarily due to volume declines resulting from the impact of COVID-19 GAAP net loss of $7.7 million or $0.43 per dilute share; non-GAAP earnings of $3.7 million or $0.21 per diluted share Adjusted EBITDA of $32.1 million in line with guidance Affirms full year 2020 guidance of more than $200 million of adjusted EBITDA Solid cash flow from operations of $24.5 million doubles year-to-date operating cash flow to $44.7 million compared to $22.4 million in the prior year CONSHOHOCKEN, Pa., Aug. 5, 2020 /PRNewswire/ -- Quaker Chemical Corporation...