Libbey: 1Q Earnings Snapshot
Posted Jun 19, 2020 09:02:08 AM.
Last Updated Jun 19, 2020 09:10:08 AM.
This article is more than 5 years old.
TOLEDO, Ohio (AP) _ Libbey Inc. (LBYYQ) on Friday reported a loss of $78.7 million in its first quarter.
On a per-share basis, the Toledo, Ohio-based company said it had a loss of $3.45. Losses, adjusted for asset impairment costs and non-recurring costs, came to $1.67 per share.
The glass tableware producer posted revenue of $151.2 million in the period.
The company’s shares closed at 10 cents. A year ago, they were trading at $1.66.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LBYYQ at https://www.zacks.com/ap/LBYYQ
The Associated Press