Ashland reports financial results1 for second quarter fiscal 2024; issues outlook for third quarter and full-year fiscal 2024

Sales of $575 million, down five percent from the prior-year quarterNet income (including discontinued operations) of$120 million, or $2.39 per diluted shareIncome from continuing operations of$121 million, or $2.40 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of$64 million, or $1.27 per diluted shareAdjusted EBITDA of$126 millionCash flows provided by operating activities of $54 million; ongoing free cash flow2 of$4 million WILMINGTON, Del., Ap ...