Ashland reports financial results(1) for second quarter of fiscal year 2022 consistent with previous update

Ashland reports financial results(1) for second quarter of fiscal year 2022 consistent with previous update

Sales of $604 million, up nineteen percent from the prior-year quarterNet income (including discontinued operations) of $786 million, or $13.69 per diluted shareIncome from continuing operations of $38 million, or $0.66 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $86 million, or $1.50 per diluted shareAdjusted EBITDA of $163 millionCash flows provided by operating activities of $16 million; ongoing free cash flow2 of $(5) million WILMINGTON, Del.
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