MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported third-quarter profit of $3 million.
On a per-share basis, the Manchester, Connecticut-based company said it had profit of 17 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share.
The engineered products maker for the transportation and medical sectors posted revenue of $205.3 million in the period.
Lydall shares have risen 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.82, a drop of 17% in the last 12 months.