Libbey (LBY) Reports In-Line Q1 EPS

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Libbey Inc. Announces First Quarter 2015 Financial Results

April 30, 2015 7:45 AM EDT

TOLEDO, Ohio, April 30, 2015 /PRNewswire/ -- Libbey Inc. (NYSE MKT: LBY), one of the largest glass tableware manufacturers in the world, today reported results for the first quarter-ended March 31, 2015.

First Quarter Financial Highlights

Net sales for the first quarter were $187.4 million, compared to $181.6 million for the first quarter of 2014, an increase of 3.2 percent (8.4 percent excluding currency fluctuation). Net income for the first quarter was $3.1 million, compared to a net loss of $3.4 million in the prior-year first quarter.  Adjusted net income (see Table 1) for the first... More