Synalloy (SYNL) Tops Q3 EPS by 12c

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Synalloy Reports Adjusted Net Income and Adjusted EBITDA for the Third Quarter and First Nine Months of 2015 in Line With Previous Full Year Guidance

November 9, 2015 8:51 AM EST

SPARTANBURG, S.C., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), announces third quarter of 2015 produced net sales from continuing operations of $38,083,000, a decrease of $10,369,000 or 21% when compared to net sales from continuing operations for the third quarter of 2014 of $48,452,000. Net sales from continuing operations for the first nine months of 2015 were $139,895,000 which was down 7% or $11,041,000 from $150,936,000 for the same period of the prior year. For the third quarter of 2015 the Company recorded net earnings from continuing operations of $1,355,000, or $0.16 per share, a 57% decrease when compared to net earnings from continuing operations of... More

Synalloy Reports Adjusted Net Income and Adjusted EBITDA for the Third Quarter and First Nine Months of 2015 in Line With Previous Full Year Guidance

November 9, 2015 8:51 AM EST

SPARTANBURG, S.C., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), announces third quarter of 2015 produced net sales from continuing operations of $38,083,000, a decrease of $10,369,000 or 21% when compared to net sales from continuing operations for the third quarter of 2014 of $48,452,000. Net sales from continuing operations for the first nine months of 2015 were $139,895,000 which was down 7% or $11,041,000 from $150,936,000 for the same period of the prior year. For the third quarter of 2015 the Company recorded net earnings from continuing operations of $1,355,000, or $0.16 per share, a 57% decrease when compared to net earnings from continuing operations of... More