Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
RICHMOND, Va. (AP) _ Synalloy Corp. (SYNL) on Tuesday reported a second-quarter loss of $262,000, after reporting a profit in the same period a year earlier.
The Richmond, Virginia-based company said it had a loss of 3 cents per share. Losses, adjusted for non-recurring gains, came to 4 cents per share.
The maker of stainless steel pipe, storage tanks and specialty chemicals posted revenue of $78.8 million in the period.
Synalloy shares have declined 4% since the beginning of the year. The stock has decreased 34% in the last 12 months.
Insight by Infor: Defense experts from the Army and National Guard Bureau address joint readiness restoration challenges in this free webinar.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYNL at https://www.zacks.com/ap/SYNL
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.