Ashland reports financial results1 for third quarter of fiscal year 2023

Sales of $546 million, down 15 percent compared to the prior-year quarter net income (including discontinued operations) of $50 million, or $0.94 per diluted share income from continuing operations of $42 million, or $0.79 per diluted share adjusted income from continuing operations excluding intangibles amortization expense of $65 million, or $1.23 per diluted share adjusted ebitda of $133 million cash flows provided by operating activities of $137 million; ongoing free cash flow2 of $97 million wilmington, del., july 25, 2023 (globe newswire) -- ashland inc. (nyse: ash) today announced financial results1 for the third quarter of fiscal year 2023, which ended june 30, 2023.
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