Lydall (LDL) Tops Q2 EPS by 16c
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Lydall Announces Financial Results for the Second Quarter Ended June 30, 2015
August 4, 2015 9:28 PM EDTEPS of $0.64 per share on sales of $134.6 millionOperating margin of 12.7%, up 160 basis points versus adjusted Q2 2014 operating marginOrganic sales down 70 basis points and unfavorable foreign currency translation of 5.5%
MANCHESTER, Conn., Aug. 04, 2015 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE: LDL) today announced financial results for the second quarter ended June 30, 2015.
Net sales were $134.6 million compared to $148.8 million in the second quarter of 2014, with the reduction primarily driven by unfavorable foreign currency translation and the divestiture of a non-core business in the first quarter of 2015. Net income was $10.8 million, or $0.64 per... More
