Glatfelter (GLT) Q2 Loss Narrows, Spunlace Leads Segment Gains
Glatfelter (GLT) ZACKS·2024-08-10 02:36
Glatfelter Corporation (GLT) incurred a second-quarter 2024 earnings per share (EPS) loss of 35 cents from continuing operations, narrower than a loss of 82 cents per share in the prior-year quarter. Net sales for the quarter were $329.4 million, down 7.7% from $357 million in the year-ago quarter. Glatfelter's overall performance in the second quarter was marked by mixed results across its segments. Despite the decline in revenue, the company saw a notable improvement in adjusted EBITDA, which increased to ...