Tuesday, April 30, 2013

Glatfelter Reports Q1 Results

Glatfelter (GLT) today reported first quarter 2013 net income of $15.6 million, or $0.36 per diluted share, and adjusted earnings of $17.4 million, or $0.40 per diluted share. These results compare with first quarter 2012 net income and adjusted earnings of $18.9 million, or $0.43 per diluted share.
Consolidated net sales for the first quarter of 2013 totaled $405.2 million, a 2.0 percent increase compared with $397.4 million in the first quarter of 2012.