U.S. markets closed
  • S&P 500

    3,925.43
    +44.06 (+1.14%)
     
  • Dow 30

    31,961.86
    +424.51 (+1.35%)
     
  • Nasdaq

    13,597.97
    +132.77 (+0.99%)
     
  • Russell 2000

    2,284.38
    +53.07 (+2.38%)
     
  • Crude Oil

    63.45
    +1.78 (+2.89%)
     
  • Gold

    1,804.00
    -1.90 (-0.11%)
     
  • Silver

    28.00
    +0.32 (+1.14%)
     
  • EUR/USD

    1.2173
    +0.0018 (+0.15%)
     
  • 10-Yr Bond

    1.3890
    +0.0270 (+1.98%)
     
  • GBP/USD

    1.4140
    +0.0026 (+0.18%)
     
  • USD/JPY

    105.8800
    +0.6430 (+0.61%)
     
  • BTC-USD

    48,265.15
    +320.74 (+0.67%)
     
  • CMC Crypto 200

    964.02
    -50.90 (-5.02%)
     
  • FTSE 100

    6,658.97
    +33.03 (+0.50%)
     
  • Nikkei 225

    29,671.70
    -484.33 (-1.61%)
     

Lydall: 4Q Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported fourth-quarter net income of $263,000, after reporting a loss in the same period a year earlier.

The Manchester, Connecticut-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 7 cents per share.

The engineered products maker for the transportation and medical sectors posted revenue of $210.3 million in the period.

For the year, the company reported that its loss widened to $73.7 million, or $4.24 per share. Revenue was reported as $764 million.

Lydall shares have climbed 15% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $34.60, a climb of 65% 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