Balchem reports Q4 adjusted EPS $1.13 vs. 95c last year

Reports Q4 revenue $240M, consensus $239.96M. Ted Harris, Chairman, President, and CEO of Balchem (BCPC) said, “The fourth quarter capped off another very strong year for Balchem. We delivered record fourth quarter net sales and adjusted EBITDA, with top and bottom line year over year growth in each of our three segments.For the full year 2024, we delivered record net sales and adjusted EBITDA while generating very strong free cash flow, allowing us to increase our dividend once again by double digits and significantly strengthen our balance sheet by paying down $119.6 million of debt.”