Investor Relations
Investor Relations
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Current Financials
First Quarter 2023 Results
Balchem reported first quarter net sales of $232.5 million for 2023, compared to net sales of $228.9 million in the prior year quarter and first quarter adjusted EBITDA was $56.1 million, compared to $53.6 million in the prior year quarter.
Ted Harris, Chairman, President, and CEO of Balchem said, “We delivered solid first quarter financial performance with sales and adjusted EBITDA growth both compared to prior year’s very strong results, and sequentially compared to the fourth quarter of 2022. The markets continue to be challenging with a high degree of uncertainty around the broader economic outlook, but Balchem’s resilience and strong market positions enabled us to continue to deliver solid financial results within this difficult economic backdrop.”
