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Neo Performance Materials Q2 Adjusted EPS, Consolidated Revenue Rise

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Neo Performance Materials (NEO.TO) reported second quarter adjusted earnings attributable to common shareholders of $0.51 per share compared with $0.20 per share a year earlier.

Consolidated revenue for the quarter ended June 30 was $205.7 million compared with $114.7 million a year earlier, the company added Tuesday.

Analysts polled by FactSet expected revenue of $169.1 million.

The company, on Aug. 6, declared a quarterly dividend of C$0.10 per common share, for shareholders of record on Sept. 18, with a payment date of Sept. 28, it added.

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