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Lydall Inc (LDL.N)

LDL.N on New York Stock Exchange

20.37USD
6 Aug 2020
Change (% chg)

$-0.29 (-1.40%)
Prev Close
$20.66
Open
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$19.54
Volume
38,414
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71,096
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$26.99
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$4.82

Latest Key Developments (Source: Significant Developments)

Lydall Q2 Adjusted Loss Per Share $0.27
Wednesday, 29 Jul 2020 

July 28 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2020.Q2 SALES FELL 33.8 PERCENT TO $146.2 MILLION.Q2 ADJUSTED LOSS PER SHARE $0.27.Q2 LOSS PER SHARE $0.34.QTRLY ORGANIC SALES DECLINE OF 31.7%.  Full Article

Lydall Awarded $13.5M Contract By U.S. Department Of Defense To Support American-Made Face Mask Production
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Lydall Inc ::LYDALL AWARDED $13.5M CONTRACT BY U.S. DEPARTMENT OF DEFENSE TO SUPPORT AMERICAN-MADE FACE MASK PRODUCTION.LYDALL - INVESTS IN SECOND NEW FINE FIBER MELTBLOWN PRODUCTION LINE TO SUPPLY FACE MASK FILTRATION MEDIA TO COMBAT COVID-19.LYDALL - BY MAY 2021, WILL INCREASE CAPACITY OF MELTBLOWN FILTRATION MEDIA TO SUPPORT PRODUCTION OF 140 MILLION N95 RESPIRATORS OR 540 MILLION SURGICAL MASKS.LYDALL - EXPECTS TO GENERATE NEW JOBS TO SUPPORT INCREASE IN PRODUCTION.  Full Article

Lydall Announces Q1 Loss Per Share $3.25
Tuesday, 12 May 2020 

May 11 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2020.Q1 ADJUSTED EARNINGS PER SHARE $0.20.Q1 SALES FELL 8 PERCENT TO $200.5 MILLION.Q1 LOSS PER SHARE $3.25.  Full Article

Lydall - More Than 500 U.S. Employees Will Be Laid Off
Saturday, 21 Mar 2020 

March 20 (Reuters) - Lydall Inc ::LYDALL PROVIDES COVID-19-RELATED BUSINESS UPDATE ANNOUNCES RAMP-DOWN OF ITS AUTOMOTIVE FACILITIES.LYDALL INC - MORE THAN 500 U.S. EMPLOYEES WILL BE LAID OFF AND NEARLY 500 EMPLOYEES IN EUROPE HAVE BEEN ASKED TO STAY HOME.LYDALL INC - HAVE DRAWN $20 MILLION ON OUR EXISTING CREDIT FACILITY.  Full Article

Lydall Inc's Q3 Sales Rise 3.7% To $205.3 Mln
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2019.Q3 ADJUSTED EARNINGS PER SHARE $0.19.Q3 EARNINGS PER SHARE $0.17.Q3 SALES ROSE 3.7 PERCENT TO $205.3 MILLION.WILL RECORD ONE-TIME SEVERANCE-RELATED EXPENSES OF $2.0 MILLION TO $2.5 MILLION IN Q4.SAVINGS OF $4.0 MILLION TO $5.0 MILLION ANTICIPATED IN 2020.NEGATIVELY IMPACTED BYGENERAL MOTORS STRIKE IN Q4.  Full Article

Lydall Appoints Sara Greenstein as CEO And President
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES APPOINTMENT OF NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER.SAYS SARA A. GREENSTEIN APPOINTED CEO AND PRESIDENT.GREENSTEIN WILL SUCCEED DALE G. BARNHART.GREENSTEIN CURRENTLY SERVES AS A MEMBER OF BOARD OF DIRECTORS OF BRIGGS & STRATTON CORPORATION.  Full Article

Lydall Q1 Adjusted Earnings Per Share $0.28
Wednesday, 1 May 2019 

April 30 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.28.Q1 EARNINGS PER SHARE $0.22.Q1 SALES $218 MILLION VERSUS REFINITIV IBES ESTIMATE OF $223.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.43 -- REFINITIV IBES DATA.QTRLY NON-GAAP ORGANIC SALES GROWTH OF 1.1%.EXPECT WEAKNESS TO PERSIST IN SEALING PRODUCTS END MARKETS DURING Q2.EBITDA WILL BE FAVORABLY IMPACTED BY INTERFACE ACQUISITION IN Q2.LYDALL - ANTICIPATE CONTINUED OPERATIONAL IMPROVEMENTS IN THERMAL ACOUSTICAL SOLUTIONS AND SEASONALLY HIGHER SALES IN TECHNICAL NONWOVENS IN Q1 VERSUS Q1.IN PERFORMANCE MATERIALS SEGMENT, ARE CONTINUING TO EXPERIENCE STABLE CONDITIONS IN FILTRATION MARKETS.  Full Article

Lydall Reports Q4 Earnings Per Share Of $0.42
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2018.Q4 EARNINGS PER SHARE $0.42.Q4 SALES $209.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $220.8 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.52."AS WE BEGIN 2019, DEMAND IS GENERALLY STEADY AND WE ARE EXPERIENCING A STABILIZATION OF KEY RAW MATERIAL COSTS".QTRLY ORGANIC SALES DECLINE OF 0.4%.EXPECT CONSOLIDATED EBITDA GROWTH IN Q1 COMPARED TO Q1 OF 2018.CURRENTLY EXPECT FULL YEAR 2019 EBITDA MARGIN EXPANSION.  Full Article

Lydall Q3 Adjusted Earnings Per Share $0.54
Tuesday, 6 Nov 2018 

Nov 5 (Reuters) - Lydall Inc ::LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2018.Q3 ADJUSTED EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE $0.36.Q3 SALES $197.9 MILLION VERSUS I/B/E/S VIEW $197.8 MILLION.Q3 EARNINGS PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S.LOOKING FORWARD TO FINAL QUARTER OF 2018, DEMAND REMAINS STEADY, EXPECT MODEST CONSOLIDATED ORGANIC SALES GROWTH AND IMPROVED PRODUCT MIX.  Full Article

Lydall says On Aug 31, Co Amended And Restated $175 mln Senior Secured Revolving Credit Agreement
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Lydall Inc ::LYDALL INC - ON AUG 31, CO, AS BORROWER, AMENDED AND RESTATED ITS $175 MILLION SENIOR SECURED REVOLVING CREDIT AGREEMENT - SEC FILING.LYDALL - SECOND AMENDED CREDIT AGREEMENT WITH BANK OF AMERICA INCREASED AVAILABLE BORROWING FROM $175 MILLION TO $450 MILLION, ADDED 3 ADDITIONAL LENDERS.LYDALL - SECOND AMENDED CREDIT AGREEMENT EXTENDED THE MATURITY DATE FROM JULY 7, 2021 TO AUGUST 31, 2023.  Full Article