Balchem Corp. (BCPC), a nutrition & health company, reported Friday higher net earnings and revenues in its fourth quarter.
For the quarter, net earnings increased to $33.58 million from last year's $26.65 million. Net earnings per share grew to $1.03 from $0.82 a year ago.
Adjusted net earnings per share were $1.13, compared to $0.95 last year.
Net sales for the quarter increased 4.9% to $240.00 million from prior year's $228.70 million.
Ted Harris, Chairman, President, and CEO, said, "We delivered record fourth quarter net sales and adjusted EBITDA, with top and bottom line year over year growth in each of our three segments..... As we transition to focusing on 2025 and beyond, I remain excited about the growth opportunities that lie ahead for Balchem."
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