Harsco Corporation (NYSE:HSC) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On February 22, 2018, Harsco Corporation issued a Press Release announcing its earnings for the fourth quarter and full year ended December 31, 2017. A copy of the Press Release is attached hereto as Exhibit 99.1.
This information is being furnished in this report and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
The following exhibit is furnished as part of the Current Report on Form 8-K:
HARSCO CORP ExhibitEX-99.1 2 pressreleasefinancialstate.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Investor Contact David [email protected] ContactJay [email protected] FOR IMMEDIATE RELEASE HARSCO CORPORATION REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS•Q4 GAAP Operating Income of $38 Million; Each Business Segment Contributed to Results That Exceeded Guidance Range•Q4 Revenues Increased 26 Percent Compared with the Prior-Year Quarter•Net Cash Provided by Operating Activities Totaled $94 Million in Q4 and $177 Million for 2017•Free Cash Flow Totaled $63 Million in Q4 and $93 Million for the Full-Year; Company’s Credit Agreement Net Leverage Ratio Declined as a Result to 1.9x at Year-End•2018 GAAP and Adjusted Operating Income Expected to Increase to be Between $150 Million to $170 Million; Free Cash Flow Anticipated Within a Range of $80 Million and $100 Million •2018 GAAP and Adjusted Diluted Earnings Per Share Expected Between $0.97 and $1.14CAMP HILL,…To view the full exhibit click
About Harsco Corporation (NYSE:HSC)
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Its Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the metals industries across the world. Its Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a provider of equipment and services for the maintenance, repair and construction of railway track. The Company’s principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment.