Glatfelter: 4Q Earnings Snapshot
YORK, Pa. (AP) _ P.H. Glatfelter Co. (GLT) on Tuesday reported a loss of $80.1 million in its fourth quarter.
On a per-share basis, the York, Pennsylvania-based company said it had a loss of $1.83. Earnings, adjusted to account for discontinued operations and non-recurring costs, were 3 cents per share.
The maker of specialty papers and fiber-based engineered materials posted revenue of $229.5 million in the period.
For the year, the company reported a loss of $177.6 million, or $4.06 per share, swinging to a loss in the period. Revenue was reported as $866.3 million.
Glatfelter shares have increased 34 percent since the beginning of the year. The stock has fallen 42 percent in the last 12 months.