Synalloy (SYNL) Reports Q1 EPS of $0.07 on Revenues of $84.8M
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Synalloy Reports First Quarter 2019 Results
April 30, 2019 7:30 AM EDTRICHMOND, Va., April 30, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the first quarter of 2019 of $84.8 million. This represents an increase of $26.3 million or 45% when compared to net sales for the first quarter of 2018. Excluding the net sales of ASTI and Munhall-Galvanized, net sales for the first quarter of 2019 increased $10.3 million, or 17.6% compared to net sales for the first quarter of 2018.
For the first quarter of 2019, the Company recorded a net loss of $0.9 million, or $0.10 diluted loss per share, compared to net income of $3.8... More
