Blount International, Inc. (BLT) Posts Q2 Loss of $1.02/Share

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Go back to Blount International, Inc. (BLT) Posts Q2 Loss of $1.02/Share

Blount Announces Preliminary Second Quarter 2015 Results

August 5, 2015 8:00 AM EDT

Second quarter 2015 sales declined 10 percent to $213 million year-over-yearContinued headwind from a strong U.S. DollarSales and Adjusted EBITDA increased sequentially versus first quarter 2015Actions taken to align production rates and spending with updated 2015 outlookUpdated full year 2015 guidance for sales and Adjusted EBITDA

PORTLAND, Ore., Aug. 05, 2015 (GLOBE NEWSWIRE) -- Blount International, Inc. (NYSE: BLT) (Blount or Company) today announced preliminary results for the second quarter ended June 30, 2015. 

Preliminary Results for the Quarter Ended June 30, 2015 Sales in the second quarter were $212.7 million, a decrease of $22.7... More