GrafTech (GTI) Misses Q2 EPS by 2c, Offers Outlook

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GrafTech Reports Second Quarter 2015 Results

July 29, 2015 7:51 AM EDT

INDEPENDENCE, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: GTI) today announced financial results for the second quarter ended June 30, 2015.

2015 Second Quarter Review

Net sales were $165 million, a decrease of 42 percent, compared to $284 million in the same period of the prior year. Lower shipment volumes and pricing in both business segments primarily drove the reduction in net sales. Reported net loss was $(23) million, or $(0.17) per diluted share, compared to reported net loss of $(155) million, or $(1.14) per diluted... More