Earnings release
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FMC News Release For Release : Immediate ● ● ● FMC Corporation delivers strong third quarter results and confirms 2021 guidance , reports significant growth in revenue and profitability ● Third Quarter 2021 Highlights Revenue of $ 1.19 billion , an increase of 10 percent versus Q3 2020 and up 9 percent organically 1 ● An Agricultural Sciences Company ● Full - Year Outlook² ● FMC Corporation 2929 Walnut Street Philadelphia , PA 19104 USA ● 215.299.6000 fmc.com Media contact : Nicole Canning +1.215.299.5916 Nicole.Canning@fmc.com Investor contact : Zack Zaki +1.215.299.5899 Zack.Zaki@fmc.com Consolidated GAAP net income of $ 160 million , up 43 percent versus Q3 2020 Adjusted EBITDA of $ 293 million , up 12 percent versus Q3 2020 Consolidated GAAP earnings of $ 1.22 per diluted share , up 44 percent versus Q3 2020 Consolidated adjusted earnings per diluted share of $ 1.43 , up 17 percent versus Q3 2020 Share repurchases of $ 200 million Maintains revenue forecast in the range of $ 4.9 to $ 5.1 billion , reflecting 8 percent growth at the midpoint versus 2020 Maintains adjusted EBITDA forecast in the range of $ 1.29 to $ 1.35 billion , reflecting 6 percent growth at the midpoint versus 2020 Raises 2021 adjusted earnings forecast in the range of $ 6.59 to $ 6.99 per diluted share , reflecting 10 percent growth at the midpoint versus 2020 Reiterates free cash flow forecast in the range of $ 480 to $ 570 million , reflecting a 4 percent decline at the midpoint versus 2020 Expects to repurchase $ 350 to $ 450 million of FMC shares through end of year PHILADELPHIA , November 2 , 2021 - FMC Corporation ( NYSE : FMC ) today reported third quarter 2021 revenue of $ 1.19 billion , an increase of 10 percent versus third quarter 2020. Revenue increased 9 percent organically . On a GAAP basis , the company reported earnings of $ 1.22 per diluted share in the third quarter , an increase of 44 percent versus third quarter 2020. Adjusted earnings were $ 1.43 per diluted share , an increase of 17 percent versus third quarter 2020 , and 12 cents above the midpoint of guidance .