Glatfelter: 4Q Earnings Snapshot

CHARLOTTE, N.C. (AP) _ P.H. Glatfelter Co. (GLT) on Thursday reported fourth-quarter net income of $9.8 million, after reporting a loss in the same period a year earlier.

The Charlotte, North Carolina-based company said it had net income of 21 cents per share. Earnings, adjusted for one-time gains and costs, came to 22 cents per share.

The maker of specialty papers and fiber-based engineered materials posted revenue of $235.3 million in the period.

For the year, the company reported net income of $21.3 million, or 48 cents per share, swinging to a profit in the period. Revenue was reported as $916.5 million.

Glatfelter shares have dropped 2.5% since the beginning of the year. The stock has declined slightly more than 5% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLT at https://www.zacks.com/ap/GLT

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