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Glatfelter: 3Q Earnings Snapshot
2019-10-30 08:18
YORK, Pa. (AP) _ P.H. Glatfelter Co. (GLT) on Tuesday reported third-quarter net income of $12.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the York, Pennsylvania-based company said it had profit of 28 cents. Earnings, adjusted to account for discontinued operations, came to 22 cents per share.
The maker of specialty papers and fiber-based engineered materials posted revenue of $232.5 million in the period.
Glatfelter shares have climbed 61% since the beginning of the year. The stock has fallen 11% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLT at https://www.zacks.com/ap/GLTCopyright 2019, Associated Press, The
