Luxfer Holdings plc (LXFR) Reports Q3, Initiates Strategic Review

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Luxfer Announces Third Quarter 2023 Financial Results; Initiates Strategic Review

October 25, 2023 4:30 PM EDT

Third Quarter 2023 Highlights (all historical comparisons year-over-year; results exclude discontinued operations)

Net sales of $97.4 million decreased $2.8 million or 2.8% GAAP diluted EPS from continuing operations of $0.06 loss compared to profit of $0.31 Adjusted diluted EPS of $0.04 decreased $0.31 Net loss from continuing operations of $1.5 million compared to Net income of $8.5 million Adjusted EBITDA of $6.0 million decreased $10.1 million Free cash flow of $8.9 million increased $7.6 million Launched accelerated and expanded strategic review Lowering full-year guidance

 

MILWAUKEE--(BUSINESS WIRE)-- Luxfer Holdings PLC (NYSE: LXFR)... More