Rhea-AI Summary
Chase Corporation (CCF) reported its fiscal Q1 2021 results, showing total revenue of $67.2 million, a slight increase from $66.8 million the previous year. Gross margin improved to 41% from 37%, and net income rose to $10.8 million, compared to $7.4 million in Q1 FY20. The adjusted EBITDA also increased to $18.1 million from $14.7 million. However, free cash flow decreased to $13.4 million from $17.5 million. The company acquired ABchimie for $22.2 million, positively impacting margins.
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