Fmc corporation delivers solid third quarter 2022 results reflecting continued growth momentum, maintains full-year profit outlook

Results driven by r obust start to the latin  america n season  and strong pricing actions across all regions  third quarter 2022 highlights revenue of $1.38 billion, an increase of 15 percent versus q3 2021 and up 19 percent organically1 consolidated gaap net income of $118 million, down 27 percent versus q3 2021 adjusted ebitda of $261 million, down 11 percent versus q3 2021 consolidated gaap earnings of $0.95 per diluted share, down 23 percent versus q3 2021 adjusted earnings per diluted share of $1.23, down 14 percent versus q3 2021 full-year outlook 2 raises revenue outlook to a range of $5.6 to $5.8 billion, reflecting 13 percent growth at the midpoint versus 2021 narrows adjusted ebitda outlook to a range of $1.37 to $1.43 billion, reflecting 7 percent growth at the midpoint versus 2021 narrows adjusted earnings per diluted share outlook to a range of $7.10 to $7.60, reflecting 7 percent growth at the midpoint versus 2021, excluding any impact from potential 2022 share repurchases reduces free cash flow outlook to a range of $440 to $560 million, reflecting the increased revenue outlook and inflationary impacts on working capital expects up to $200 million in share repurchases, including $100 million completed in october philadelphia , nov. 1, 2022 /prnewswire/ -- fmc corporation (nyse: fmc ) today reported third quarter 2022 revenue of $1.38 billion, an increase of 15 percent versus third quarter 2021, driven by strong volume and pricing. excluding the impact of foreign currencies, organic revenue grew 19 percent year-over-year.
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