AP NEWS

Synalloy: 3Q Earnings Snapshot

November 12, 2019

RICHMOND, Va. (AP) _ Synalloy Corp. (SYNL) on Tuesday reported a third-quarter loss of $953,000, after reporting a profit in the same period a year earlier.

The Richmond, Virginia-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share.

The maker of stainless steel pipe, storage tanks and specialty chemicals posted revenue of $73.6 million in the period.

Synalloy shares have fallen 11% since the beginning of the year. The stock has declined 13% in the last 12 months.

_____

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