(DuPont) DuPont announced $4.1 billion revenue in the second quarter, a 26% increase compared to the same period in 2020.
DuPont reported a net profit of $487 million in the second quarter ended June, a jump from a loss of $2.5 billion in the second quarter last year.
The diluted EPS for the period was $0.9, up from a loss of $3.37 in the same quarter last year.
The company returned capital worth $800 million to shareholders in a share repurchase program during the quarter.
The Delaware-based chemical firm anticipates full-year revenue of between $16.45 billion and $16.55 billion with an EPS of between $4.24 and $4.34.
DuPont announced that it would change its treatment of intangible amortization expense in non- GAAP reporting to exclude the amortization of intangible assets.
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