Synalloy: 2Q Earnings Snapshot

August 7, 2018

RICHMOND, Va. (AP) _ Synalloy Corp. (SYNL) on Tuesday reported second-quarter earnings of $3.7 million.

On a per-share basis, the Richmond, Virginia-based company said it had profit of 41 cents. Earnings, adjusted for non-recurring costs, were 70 cents per share.

The maker of stainless steel pipe, storage tanks and specialty chemicals posted revenue of $71.9 million in the period.

Synalloy shares have increased 65 percent since the beginning of the year. The stock has more than doubled 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 SYNL at https://www.zacks.com/ap/SYNL

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