GLT's Q3 results show a widened loss as rising input costs and market volatility impact profits, while strategic shifts and segment growth in Spunlace segment signal resilience amid challenges.
Glatfelter's (GLT) Q2 loss narrows to 35 cents per share, with notable gains in the Spunlace and Composite Fibers segments despite a 7.7% drop in net sales. Airlaid Materials faces continued challenges.
Glatfelter Corporation (NYSE:GLT ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ramesh Shettigar - SVP, CFO & Treasurer Thomas Fahnemann - President & CEO Conference Call Participants Mike Ginnings - TPG Angelo Gordon Roger Spitz - Bank of America Operator Good day, and welcome to the Glatfelter's Second Quarter 2024 Earnings Release Conference Call. Today's conference is being recorded.
Discover why Zacks has given Glatfelter an "Underperform" rating, being the first on Wall Street to initiate coverage on the stock. Dive into the company's financial struggles, market pressures and high debt, balanced by strategic mergers and sustainability initiatives.