Glatfelter (GLT) Tops Q4 EPS by 2c, to Explore Strategic Alternatives for Specialty Papers Business Unit

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Go back to Glatfelter (GLT) Tops Q4 EPS by 2c, to Explore Strategic Alternatives for Specialty Papers Business Unit

Glatfelter Reports Fourth Quarter 2017 Results

February 6, 2018 6:45 AM EST

~ Announces plan to explore strategic alternatives for Specialty Papers Business Unit ~

YORK, Pa.--(BUSINESS WIRE)-- Glatfelter (NYSE: GLT) today reported a net loss of $10.1 million, or $0.23 per share for the fourth quarter of 2017 compared with a net loss of $16.2 million, or $0.37 per share in the fourth quarter of 2016. Adjusted earnings for the fourth quarter of 2017 was $15.0 million, or $0.34 per diluted share compared with $17.6 million, or $0.40 per diluted share, for the same period a year ago.

On an adjusted basis, earnings before interest, taxes, depreciation and amortization and excluding... More