Synalloy: 2Q Earnings Snapshot
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.