Balchem: Solid Q3 Performance Support Buy Rating
Balchem reported a strong third quarter, with record net income of $46.7 million, revenue growth of 8.6%, and adjusted EBITDA up 12.5% to $80.3 million. Human Nutrition & Health led results, with revenue up 8% and operating income up 11%.
Why it matters — The results highlight growth and operating strength, particularly in Balchem’s Human Nutrition & Health segment.