Fmc corporation delivers strong first quarter results and maintains full-year growth outlook

Strength in global agriculture and focus on pricing more than offset significant cost and fx headwinds first quarter 2022 highlights revenue of $1.35 billion, an increase of 13 percent versus q1 2021 and up 16 percent organically1 consolidated gaap net income of $212 million, up 16 percent versus q1 2021 adjusted ebitda of $355 million, up 16 percent versus q1 2021 consolidated gaap earnings of $1.64 per diluted share, up 17 percent versus q1 2021 adjusted earnings per diluted share of $1.88, up 23 percent versus q1 2021 full-year outlook 2 maintains revenue outlook of $5.25 to $5.55 billion, reflecting 7 percent growth at the midpoint versus 2021   maintains adjusted ebitda outlook of $1.32 to $1.48 billion, reflecting 6 percent growth at the midpoint versus 2021     updates adjusted earnings per diluted share outlook to $6.70 to $8.00, reflecting 6 percent growth at the midpoint versus 2021, excluding any impact from potential 2022 share repurchases maintains free cash flow outlook of $515 to $735 million continues to expect to repurchase $500 to $600 million of fmc shares in 2022   philadelphia , may 2, 2022 /prnewswire/ -- fmc corporation (nyse: fmc) today reported first quarter 2022 revenue of $1.35 billion, an increase of 13 percent versus first quarter 2021, driven by strong demand and global pricing actions. excluding a 3 percent headwind from foreign exchange, year-over-year sales grew 16 percent organically.
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