Welcome to our dedicated page for Balchem Corporation news (Ticker: BCPC), a resource for investors and traders seeking the latest updates and insights on Balchem Corporation stock.
Founded in 1967, Balchem Corporation (NASDAQ: BCPC) offers innovative solutions and high-quality products across various industries globally. The company operates through four principal segments: Human Nutrition & Health, Specialty Products, Animal Nutrition & Health, and Industrial Products.
In the Human Nutrition & Health segment, Balchem provides essential choline nutrients and mineral amino acid chelates, supporting diverse health and nutritional applications. Their Animal Nutrition & Health segment delivers nutritional products derived from advanced microencapsulation and chelation technologies, alongside critical nutrient choline chloride, aimed at enhancing animal health.
The Specialty Products segment involves the repackaging and distribution of performance gases and chemicals, such as ethylene oxide, propylene oxide, and ammonia, for various industrial uses. Additionally, Balchem's Industrial Products segment caters to a broad range of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries.
Balchem employs approximately 1,000 people globally who are committed to driving the company into market leadership positions. Recent company achievements include their first professional sports partnership for VitaCholine®, spanning regions like the United States and the United Kingdom.
Balchem's dedication to research is evident in collaborations and studies, such as those exploring improved visuomotor performance through choline supplementation. The company's financial health and strategic growth initiatives continue to position it favorably within its chosen markets.
For more information, visit the Balchem Corporation website and stay updated with their latest news and developments.
Balchem Corporation (NASDAQ: BCPC) has announced a conference call scheduled for April 28, 2023, at 11:00 AM ET to discuss its first-quarter results. Results will be publicly released before the market opens on the same day. The call will be led by CEO Ted Harris and CFO Martin Bengtsson, and will be available for replay until May 12, 2023. Interested parties can join the call by dialing 1-877-407-8289 or 1-201-689-8341. Balchem operates across three segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products, focusing on developing specialty ingredients to enhance health and well-being across various industries worldwide.
Balchem Corporation (NASDAQ: BCPC) reported impressive fourth quarter financial results for 2022, with net sales of $232.5 million, up 9.1% from $213.1 million in Q4 2021. However, net earnings decreased to $21.4 million from $24.9 million, although adjusted net earnings rose to $30.3 million from $27.8 million. For the full year, net sales increased 17.9% to a record $942.4 million, while net earnings rose 9.6% to $105.4 million. The company achieved record sales across all three segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products. Balchem also maintained a strong cash flow and continues to focus on strategic growth initiatives.
Balchem Corporation (NASDAQ: BCPC) will hold a conference call on February 24, 2023, at 11:00 AM ET to discuss its fourth quarter results. These results will be released before the market opens on the same day. The call will be hosted by Ted Harris (CEO) and Martin Bengtsson (CFO). Investors can join by dialing 1-877-407-8289, and the session will be available for replay until March 10, 2023. Balchem specializes in developing and marketing specialty ingredients across Human Nutrition, Animal Nutrition, and Specialty Products sectors, aiming to enhance health and well-being globally.
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