PolyOne Corporation reports $1.04 billion revenue for the second quarter of 2013, a 37% increase from $757 million in the second quarter of 2012.
Diluted earnings per share from continuing operations totaled $0.39 in the second quarter of 2013, compared to $0.20 in the second quarter of 2012; adjusted earnings per share grew 23% to $0.37 for the second quarter of 2013 from $0.30 in the second quarter of 2012.
Total earnings per share for the quarter including the gain from the sale of our non-core resin business was $1.83 compared to $0.27 in the same period last year.
“I am pleased to report another outstanding quarter for PolyOne as we not only delivered strong earnings growth but also completed the divestiture of our non-core resin business for a pre-tax gain of $224 million,” said Stephen D. Newlin, Chairman, President, and Chief Executive Officer. “While each of our three strategic platforms improved operating income year over year, our specialty platform was once again our engine for growth.”
Â
