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Stock impact report

Lydall Announces Financial Results for the First Quarter Ended March 31, 2018

Lydall, Inc. (LDL) 
Last lydall, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.lydall.com
Company Research Source: GlobeNewswire
MANCHESTER, Conn., May 01, 2018 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE:LDL) today announced financial results for the first quarter ended March 31, 2018. HIGHLIGHTS - Q1 2018 vs. Q1 2017 GAAP Financials Net sales of $191.7 million, up $26.2 million, or 15.8% Increased tooling sales of $10.3 million, or 6.3%Favorable foreign currency translation of $9.7 million, or 5.8% Gross margin of 20.6%, down 390 basis pointsOperating margin of 7.3%, down 190 basis pointsEarnings per share ("EPS") of $0.64, down 5.9%, from $0.68 Non-GAAP Financial Measures* Organic sales growth of 4.2%Adjusted gross margin of 20.8%, down 420 basis pointsAdjusted operating margin of 7.7%, down 240 basis pointsAdjusted EPS of $0.67, down 9.5%, from adjusted $0.74 per shareAdjusted EBITDA margin of 11.3%, down 250 basis points *Reconciliations of the Non-GAAP financial measures to Lydall’s GAAP financial results are included at the end of this release.  See also “Use of Non-GAAP Financial Measures” below. Da Show less Read more
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