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.