FMC Corporation Delivers Strong Fourth Quarter and Full-Year Results
Fourth Quarter 2019 Highlights1
- Revenue of $1.2 billion, up 9 percent versus recast Q4 2018
- Consolidated GAAP net loss of $3 million, or $0.02 per diluted share
- Total company adjusted EBITDA of $320 million, up 17 percent versus recast Q4 2018 and at the top of guidance range
- Consolidated adjusted earnings per diluted share of $1.76, up 21 percent versus recast Q4 2018
Full-Year 2019 Highlights1
- Revenue of $4.6 billion, up 8 percent versus recast 2018
- Consolidated GAAP net income of $480 million
- Total company adjusted EBITDA of 1.22 billion, up 10 percent versus recast 2018
- Consolidated GAAP earnings of $3.62 per diluted share
- Consolidated adjusted earnings per diluted share of $6.09, up 16 percent versus recast 2018
- Returned over $600 million to shareholders, including $400 million in share repurchases
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- Recast 2018 financials, as filed on a Form 8-K on March 22, 2019, exclude the former Lithium segment, which allows us to show a true year-over-year comparable metric for the 2019 periods.