Balchem corporation reports first quarter sales of $228.9 million, net earnings of $28.9 million, gaap eps of $0.89, and adjusted eps of $1.03

New hampton, n.y., april 29, 2022 (globe newswire) -- balchem corporation (nasdaq: bcpc) reported today first quarter net earnings of $28.9 million for 2022, compared to net earnings of $23.4 million for the first quarter 2021. quarterly adjusted net earnings(a) were $33.4 million, compared to $28.4 million in the prior year quarter. quarterly adjusted ebitda(a) was $53.6 million, compared to $45.7 million in the prior year quarter.
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