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Luxfer: 1Q Earnings Snapshot

MANCHESTER, Britain (AP) _ Luxfer Holdings PLC (LXFR) on Monday reported first-quarter net income of $6.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Manchester, Britain-based company said it had profit of 22 cents. Earnings, adjusted for one-time gains and costs, were 30 cents per share.

The materials technology company specializing in aluminum, magnesium and zirconium posted revenue of $103.8 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $101.5 million.

Luxfer shares have decreased 22% since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.37, a decrease of 41% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LXFR at https://www.zacks.com/ap/LXFR