Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    62,959.46
    -581.21 (-0.91%)
     

  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • Dow

    38,239.66
    +153.86 (+0.40%)
     

  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     

  • Gold

    2,349.60
    +7.10 (+0.30%)
     

  • Crude Oil

    83.66
    +0.09 (+0.11%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Lydall: 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported fourth-quarter net income of $263,000, after reporting a loss in the same period a year earlier.

The Manchester, Connecticut-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 7 cents per share.

The engineered products maker for the transportation and medical sectors posted revenue of $210.3 million in the period.

For the year, the company reported that its loss widened to $73.7 million, or $4.24 per share. Revenue was reported as $764 million.

Lydall shares have climbed 15% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.60, a climb of 65% 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 LDL at https://www.zacks.com/ap/LDL