Glatfelter: 3Q Earnings Snapshot
YORK, Pa. (AP) _ P.H. Glatfelter Co. (GLT) on Tuesday reported a third-quarter loss of $95.8 million, after reporting a profit in the same period a year earlier.
The York, Pennsylvania-based company said it had a loss of $2.19 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were less than 1 cent on a per-share basis.
The maker of specialty papers and fiber-based engineered materials posted revenue of $209.9 million in the period.
Glatfelter shares have decreased 14 percent since the beginning of the year. The stock has decreased 11 percent in the last 12 months.