Previous Close | 3.3200 |
Open | 3.3100 |
Bid | 3.4300 x 800 |
Ask | 3.4400 x 2200 |
Day's Range | 3.3400 - 3.5350 |
52 Week Range | 2.0800 - 8.6800 |
Volume | |
Avg. Volume | 454,044 |
Market Cap | 153.896M |
Beta (5Y Monthly) | 1.66 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.3000 |
Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jun 30, 2022 |
1y Target Est | N/A |
CHARLOTTE, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Thomas Fahnemann, President, and Chief Executive Officer along with Ramesh Shettigar, Senior Vice President, Chief Financial Officer, and Treasurer will be presenting at the Sidoti Summer Small Cap Virtual Conference on Wednesday, June 14, 2023. Glatfelter’s presentation will begin at 9:15 am. Eastern Time. In addition, Thomas and Ramesh wi
Action taken as part of Company’s Turnaround Strategy to Divest Unprofitable Non-Core AssetsCHARLOTTE, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that it is closing its Ober-Schmitten, Germany, facility due to the ongoing financial underperformance of the electrical and glassine specialty papers manufactured at the site. The actions taken are part of the Company’s turnaround strategy that is aimed
Potential Glatfelter Corporation ( NYSE:GLT ) shareholders may wish to note that the Independent Non-Executive...
At this time, I'd like to turn the conference over to Mr. Ramesh Shettigar. This is Ramesh Shettigar, senior vice president, chief financial officer, and treasurer. On the call to present our first quarter results is Thomas Fahnemann, president and chief executive officer of Glatfelter; and myself.
Improved financial performance driven by progress on key turnaround actions2023 First Quarter Highlights Achieved operating income of $6.1 million on a net loss of $13.6 millionImproved Adjusted EBITDA by $1.8 million versus Q1 2022 driven by Airlaid Materials and Composite FibersCash flow from operations improved $35.6 million compared to Q1 2022Completed refinancing transactions to strengthen capital position and address debt maturitiesStreamlined leadership to improve operational efficiency a
CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, will be exhibiting at INDEX™23, the world's leading nonwovens exhibition, from April 18-21, 2023, in Geneva, Switzerland. Attendees of the show are invited to stop by Booth 2127 to learn more about Glatfelter and their newest product offerings, including the GlatPure™ portfolio, Sontara® Silk, Sontara EC® Green, and Home Compostable Airlaid Material. “As a pr
CHARLOTTE, N.C., April 07, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 first-quarter results on Thursday, May 4, 2023. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website
~ Streamlines Senior Leadership to Accelerate Business Performance ~CHARLOTTE, N.C., April 05, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Mr. Boris Illetschko has been appointed to the role of Senior Vice President, Chief Operating Officer. He replaces the Company’s current Senior Vice President, Chief Commercial Officer, Mr. Christopher W. Astley, and Senior Vice President, Integrated Global Supply Chain a
Key Insights Given the large stake in the stock by institutions, Glatfelter's stock price might be vulnerable to their...
~Celebrating Past Success While Embracing Future Possibilities~CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proudly celebrating the 50th year anniversary of Sontara® by commemorating past successes and embracing the possibilities of the future. Sontara® has been a trusted name in the nonwovens industry, distinguished by consistent and uncompromising quality, innovation, and customer satisfaction. “To
CHARLOTTE, N.C., March 30, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT) announced today that it has completed a series of refinancing transactions that leaves the Company well capitalized and strongly positioned to focus on its turnaround strategy. Summary of Transactions: Glatfelter repaid in full its existing €220,000,000 term loan that would have matured in February 2024, thereby eliminating all near-term debt maturities.The Company amended its e
CHARLOTTE, N.C., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Thomas Fahnemann, President and Chief Executive Officer along with Ramesh Shettigar, Senior Vice President, Chief Financial Officer and Treasurer will be presenting at the JP Morgan Global High Yield and Leveraged Finance Conference on Monday, March 6, 2023. Glatfelter’s presentation will begin at 10:00am ET. In addition, Mr. Fahnemann and
At this time, I would like to turn the conference over to Ramesh Shettigar. This is Ramesh Shettigar, senior vice president, chief financial officer, and treasurer. On the call to present our fourth-quarter is Thomas Fahnemann, president and chief executive officer, and myself.
2022 Fourth Quarter Highlights Net sales up 12% over Q4 2021, including a full quarter of Spunlace in Q4 2022Operating income for Airlaid Materials up 19% and Composite Fibers up 8%, compared to Q4 2021Spunlace delivered $3.4 million improvement in operating income over Q3 2022Goodwill impairment charge in Composite Fibers due to higher interest rate environmentLowered cash usage from working capital in Q4 largely driven by cash liberation actionsExecuted financing commitment to address upcoming
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...
CHARLOTTE, N.C., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2022 fourth-quarter results on Tuesday, February 21st, 2023. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations
Glatfelter Corporation ( NYSE:GLT ) shareholders will doubtless be very grateful to see the share price up 32% in the...
While Glatfelter Corporation ( NYSE:GLT ) might not be the most widely known stock at the moment, it saw a significant...
CHARLOTTE, N.C., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Ramesh Shettigar, Senior Vice President, Chief Financial Officer and Treasurer, will be participating in the Bank of America 2022 Leveraged Finance Conference, being held in Boca Raton, Florida, on Tuesday, November 29th and Wednesday, November 30th 2022. Glatfelter’s presentation will begin at 8:10 am EST on Tuesday the 29th. In addition,
Glatfelter ( NYSE:GLT ) Third Quarter 2022 Results Key Financial Results Revenue: US$371.8m (up 33% from 3Q 2021). Net...
At this time, I would like to turn the conference over to Ramesh Shettigar from Glatfelter. This is Ramesh Shettigar, senior vice president, chief financial officer, and treasurer. On the call to present our third quarter results with me today is Thomas Fahnemann, our new president and chief executive officer.
2022 Third Quarter Highlights Improved revenue by 33% attributable to Jacob Holm acquisition (“Spunlace”)Record operating income in Airlaid MaterialsImproved pricing and cost mitigation actions in Composite FibersGoodwill impairment charge of $42.5 million for SpunlaceCompany-wide turnaround strategy launched to drive rapid profit improvement CHARLOTTE, N.C., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported th
A look at the shareholders of Glatfelter Corporation ( NYSE:GLT ) can tell us which group is most powerful. The group...
CHARLOTTE, N. C., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2022 third-quarter results on Thursday, November 3, 2022. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations w
In this article we are going to estimate the intrinsic value of Glatfelter Corporation ( NYSE:GLT ) by taking the...