Lydall (LDL) Tops Q1 EPS by 2c

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Lydall Announces Financial Results for the First Quarter Ended March 31, 2015

April 30, 2015 7:01 AM EDT

Adjusted EPS of $0.42 per share, up 5%, on sales of $127 million Sale of non-core business resulted in EPS gain of $0.69 per share Flat organic sales; unfavorable foreign currency translation of 6%

MANCHESTER, Conn., April 30, 2015 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE: LDL) today announced financial results for the first quarter ended March 31, 2015.

Net sales were $127.3 million in the first quarter of 2015 compared to $125.2 million in the first quarter of 2014. Operating income was $10.1 million, or 7.9% of net sales, compared to $7.6 million, or 6.1% of net sales, in the first quarter of 2014. Net income... More