Lydall: 2Q Earnings Snapshot
MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported second-quarter net income of $10.5 million.
On a per-share basis, the Manchester, Connecticut-based company said it had net income of 60 cents. Earnings, adjusted for one-time gains and costs, were 70 cents per share.
The engineered products maker for the transportation and medical sectors posted revenue of $186.4 million in the period.
Lydall shares have fallen nearly 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $46.35, a decrease of slightly more than 6 percent in the last 12 months.