* Q1 adj EPS $0.69 vs est. of $0.63
* Q1 revenue $303.2 mln vs est. of $280.4 mln
May 6 Specialty chemicals company OM Group Inc
OMG.N posted a strong first-quarter profit, aided by higher
volumes, pricing and benefits from a recent acquisition.
In the latest quarter, the company posted a net income of
$22.6 million, or 74 cents a share, compared with a loss of
$8.3 million, or 27 cents a share, a year ago.
Excluding items, the company said it earned 69 cents a
Revenue for the quarter jumped 58 percent to $303.2
million, and was partly aided by Om Group's recent purchase of
EaglePicher Technologies on Jan. 29.
Analysts, on average, were looking for earnings of 63 cents
a share, before items, on revenue of $280.4 million, according
to Thomson Reuters I/B/E/S.
Shares of the Cleveland, Ohio-based company closed at
$34.85 Wednesday on the New York Stock Exchange.
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(Reporting by Antonita Madonna Devotta in Bangalore; Editing
by Roshni Menon)