Balchem Corporation Reports First Quarter 2025 Financial Results

About this update from Balchem Corporation

[{"type":"text","content":"MONTVALE, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) reported today financial results for its 2025 fiscal first quarter ended March 31, 2025. For the quarter, the Company reported net sales of $250.5 million, net earnings of $37.1 million, adjusted EBITDA(a) of $66.3 million, and free cash flow(a) of $31.0 million. Ted Harris, Chairman, President and CEO of Balchem said, “The first quarter was an excellent start to the year for Balchem, with sales and earnings growth in all three segments. We delivered record net sales and adjusted EBITDA, strong net earnings, and solid first quarter cash flows.” First Quarter 2025 Financial Highlights: Record net sales of $250.5 million, an increase of $10.9 million, or 4.5%, compared to the prior year quarter.GAAP net earnings were $37.1 million, an increase of 27.8%, from the prior year quarter.Record Adjusted EBITDA was $66.3 million, an increase of 8.9%, from the prior year quarter.GAAP earnings per share of $1.13 compared to $0.89 in the prior year quarter and adjusted earnings per share(a) of $1.22 compared to $1.03 in the prior year quarter.Cash flows from operations were $36.5 million, with free cash flow(a) of $31.0 million.Sales and earnings from operations growth in all three of our segments: Human Nutrition and Health, Animal Nutrition and Health, and Specialty Products. Recent Highlights: In the first quarter, we launched Balchem's new corporate website. This innovative platform enhances user experience and provides comprehensive insights into our products and innovations. The new site features improved navigation, detailed product information, and resources for all stakeholders, including investors, customers, and employees. Additionally, we have introduced new product brand sites for Albion® Minerals, K2VITAL™, Optifolin+®, OptiMSM®, and VitaCholine®, which have an increased end-consumer orientation to aid in our efforts to build awareness and drive market penetration.On April 22, we released our 2024 Sustainability Report, highlighting our sustainability initiatives and accomplishments. Guided by our core values and our vision of making the world a healthier place, our Sustainability Report demonstrates our commitment to bringing innovative solutions for global health and nutrition needs, and to operate with excellence as strong stewards of our e...

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