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Stock impact report

Lydall Announces Financial Results for the Second Quarter Ended June 30, 2017

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., Aug. 01, 2017 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE:LDL) today announced financial results for the second quarter ended June 30, 2017. HIGHLIGHTS - Q2 2017 vs. Q2 2016 GAAP Financials Net sales of $174.9 million, up 27.4% from $137.2 million - Technical Nonwovens' acquisitions contributed $33.0 million, or 24.0%Gross margin of 24.7%, down 150 basis pointsOperating margin of 11.3%, flat with Q2 2016 - Includes 50 basis points of incremental intangibles amortization from acquisitionsEarnings per share ("EPS") of $0.76, up 20.6%, from $0.63 Non-GAAP Financial Measures* Organic sales growth of 6.4%Adjusted gross margin of 25.1%, down 110 basis pointsAdjusted operating margin of 11.8%, down 60 basis pointsAdjusted EPS of $0.80, up 14.3%, from adjusted $0.70 per shareAdjusted EBITDA margin of 15.1%, down 80 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 Show less Read more
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