Synalloy Reports First Quarter 2019 Results

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Synalloy (SYNL) Reports Q1 EPS of $0.07 on Revenues of $84.8M

April 30, 2019 7:39 AM EDT

Synalloy (NASDAQ: SYNL) reported Q1 EPS of $0.07, versus $0.43 reported last year. Revenue for the quarter came in at $84.8 million, versus $58.5 million reported last year.

The Company also reports its performance utilizing two non-GAAP financial measures: Adjusted Net Income and Adjusted EBITDA. The Company's performance, as calculated under the two measures, is as follows:

Adjusted Net Income for the first quarter of 2019 was $0.6 million, or $0.07 adjusted diluted earnings per share, a... More