Lydall (LDL) Misses Q4 EPS by 34c, Revenues Miss
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Lydall Announces Financial ResultsĀ for the Fourth Quarter and Year Ended December 31, 2019
February 25, 2020 4:19 PM ESTMANCHESTER, Conn., Feb. 25, 2020 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE: LDL) today announced financial results for the fourth quarter and year ended December 31, 2019.
HIGHLIGHTS - Q4 2019 vs. Q4 2018
GAAP Financials
Net sales of $193.3 million, down 7.9%Gross margin of 14.5%, down 540 basis points
Operating loss of ($68.5) million compared to operating income of $13.2 million
   Goodwill and other long-lived asset impairment charges of $64.2 million, or ($3.71) per share
   CEO transition and employee severance expenses of $4.2 million, or ($0.19) per share
Loss per share of... More

