MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported first-quarter profit of $11.1 million.
On a per-share basis, the Manchester, Connecticut-based company said it had net income of 64 cents. Earnings, adjusted for restructuring costs, were 67 cents per share.
The engineered products maker for the transportation and medical sectors posted revenue of $191.7 million in the period.
Lydall shares have dropped 12 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $44.80, a decline of 17 percent 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 LDL at https://www.zacks.com/ap/LDL