Synalloy (SYNL) Reports Q1 Loss of $0.08
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Synalloy Reports First Quarter 2020 Results
May 5, 2020 7:30 AM EDTContinues to see benefits of proactive cost cutting
Specialty Chemicals Segment net sales increase on higher demand for more value added contract manufactured products
Backlog and order activity in Metals and Specialty Chemicals Segments remain encouraging
RICHMOND, Va.--(BUSINESS WIRE)-- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the first quarter of 2020 of $74.7 million. This represents a decrease of $10.1 million or 11.9% when compared to net sales for the first quarter of 2019.
The first... More
