Libbey (LBY) Reports In-Line Q1 EPS

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Go back to Libbey (LBY) Reports In-Line Q1 EPS

Libbey Inc. Announces First-Quarter Results

May 1, 2018 7:45 AM EDT

TOLEDO, Ohio, May 1, 2018 /PRNewswire/ -- Libbey Inc. (NYSE American: LBY), one of the world's largest glass tableware manufacturers, today reported results for the first quarter ended March 31, 2018.

First Quarter Financial & Operating Highlights

Net sales in the first quarter of 2018 were $181.9 million, compared to $173.0 million in the prior-year, a 5.2 percent increase (or an increase of 1.4 percent, excluding a $6.5 million currency impact). Net loss in the first quarter of 2018 was $3.0 million, compared to a net loss of $6.6 million in the first quarter of 2017.... More