Glatfelter (GLT) Misses Q2 EPS by 12c

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Go back to Glatfelter (GLT) Misses Q2 EPS by 12c

Glatfelter Reports Second Quarter 2017 Results

August 1, 2017 6:55 AM EDT

YORK, Pa.--(BUSINESS WIRE)-- Glatfelter (NYSE: GLT) today reported a net loss of $5.7 million, or $0.13 per share for the second quarter of 2017 compared with net income of $2.0 million, or $0.04 per diluted share in the second quarter of 2016. On an adjusted earnings basis, the loss for the second quarter of 2017 was $2.6 million, or $0.06 per share compared with adjusted earnings of $2.8 million, or $0.06 per diluted share, for the same period a year ago. Adjusted earnings is a non-GAAP measure for which a reconciliation is provided within this release.

Consolidated net sales totaled $387.3... More