HOUSTON (AP) — HOUSTON (AP) — Orion Engineered Carbons SA (OEC) on Thursday reported net income of $42.3 million in its first quarter.
On a per-share basis, the Houston-based company said it had profit of 70 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 74 cents per share.
The producer of the chemcial additive carbon black posted revenue of $500.7 million in the period.
Orion Engineered Carbons expects full-year earnings in the range of $2.30 to $2.60 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OEC at https://www.zacks.com/ap/OEC
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