Libbey: 2Q Earnings Snapshot
TOLEDO, Ohio (AP) _ Libbey Inc. (LBY) on Thursday reported a second-quarter loss of $43.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toledo, Ohio-based company said it had a loss of $1.95. Earnings, adjusted for asset impairment costs, were 14 cents per share.
The glass tableware producer posted revenue of $206.2 million in the period.
The company’s shares closed at $1.69. A year ago, they were trading at $9.58.