Libbey (LBY) Reports Q2 Loss of $1.95, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Libbey Inc. Announces Second-Quarter 2019 Results
August 1, 2019 7:45 AM EDTTOLEDO, Ohio, Aug. 1, 2019 /PRNewswire/ --Â Libbey Inc. (NYSE American: LBY), one of the world's largest glass tableware manufacturers, today reported results for the second quarter ended June 30, 2019.
Second-quarter 2019 Financial & Operating Highlights
Net sales were $206.2 million, a decrease of 3.5 percent, or a decrease of 2.5 percent in constant currency versus the prior-year period. Gross profit margin was 22.7 percent, an increase of 90-basis points versus the prior year. Net loss was ($43.8) million, compared to net income of $4.0 million in... More