Glatfelter (GLT) Misses Q2 EPS by 5c, Miss on Revenues

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Go back to Glatfelter (GLT) Misses Q2 EPS by 5c, Miss on Revenues

Glatfelter Reports Second Quarter 2018 Results

July 31, 2018 6:50 AM EDT

YORK, Pa., July 31, 2018 (GLOBE NEWSWIRE) -- Glatfelter (NYSE: GLT) today reported a net loss of $7.4 million, or $0.17 per share for the second quarter of 2018 compared with a net loss of $5.7 million, or $0.13 per share in the second quarter of 2017.  On an adjusted basis, the net loss for the second quarter of 2018 was $4.3 million, or $0.10 per diluted share compared with a loss of $2.6 million, or $0.06 per diluted share, for the same period a year ago.  Net loss on an adjusted basis is a non-GAAP financial measure for which a reconciliation to the nearest GAAP-based measure is provided... More