Chase Corporation reported earnings results for the fourth quarter and year ended August 31, 2018. For the quarter, the company reported revenue of $77,478,000 against $68,994,000 a year ago. Operating income was $13,813,000 against $16,427,000 a year ago. Income before income taxes was $13,974,000 against $16,487,000 a year ago. Net income was $11,163,000 against $11,413,000 a year ago. Net income per diluted share was $1.18 against $1.21 a year ago. EBITDA was $19,576,000 against $20,197,000 a year ago. Adjusted EBITDA was $19,706,000 against $20,231,000 a year ago. Adjusted net income was $10,906,000 against $11,173,000 a year ago. Adjusted net income per diluted share was $1.15 against $1.18 a year ago.

For the year, the company reported revenue of $284,188,000 against $252,560,000 a year ago. Operating income was $55,090,000 against $58,134,000 a year ago. Income before income taxes was $56,965,000 against $60,892,000 a year ago. Net income was $43,143,000 against $42,014,000 a year ago. Net income per diluted share was $4.56 against $4.44 a year ago. EBITDA was $75,761,000 against $75,988,000 a year ago. Adjusted EBITDA was $75,249,000 against $73,973,000 a year ago. Adjusted net income was $42,029,000 against $38,787,000 a year ago. Adjusted net income per diluted share was $4.44 against $4.10 a year ago. Year-over-year revenue increases for the third quarter and year were achieved across the company's Industrial Materials and Construction Materials segments for the year-to-date period. These increases came mostly from volume, but with some revenue gains coming on price.

The company continues to anticipate that in fiscal 2019 and beyond, aside from any discrete items, all-in rate will be approximately 25%, depending on state income tax impact as states adjust to the impact of the new Federal rate.