A. Schulman reports fiscal fourth-quarter net income of $21.8 million, up 43.4 year-on-year (YOY), on net sales up 7.4, to $674.0 million. Adjusted earnings totaled 64 cts/share, matching analysts' consensus estimate, as reported by Thomson Reuters (New York). Acquisitions were a large part of the reason for the rise in sales, although they were offset by the impact of the strong US dollar. Adjusted earnings excluded acquisition-related costs and restructuring costs. Schulman's fiscal fourth quarter ended on 31 August.
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