Company profile

Dale G. Barnhart
Incorporated in
Fiscal year end
IRS number

LDL stock data



30 Oct 19
10 Dec 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 205.27M 220.81M 218.03M 209.94M
Net income 3M -6.95M 3.89M 7.18M
Diluted EPS 0.17 -0.4 0.22 0.42
Net profit margin 1.46% -3.15% 1.78% 3.42%
Operating income 7.45M 13.18M 9.05M 13.17M
Net change in cash 5.5M -4.46M -1.36M 5.16M
Cash on hand 48.92M 43.42M 47.87M 49.24M
Cost of revenue 168.92M 175.54M 175.97M 168.07M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 785.9M 698.44M 566.85M 524.51M
Net income 34.94M 49.32M 37.19M 46.26M
Diluted EPS 2.02 2.85 2.16 2.71
Net profit margin 4.45% 7.06% 6.56% 8.82%
Operating income 49.19M 66.2M 55.45M 52.48M
Net change in cash -10.64M -12.06M -3.98M 13.86M
Cash on hand 49.24M 59.88M 71.93M 75.91M
Cost of revenue 633.25M 535.08M 428.05M 402.01M

Financial data from Lydall earnings reports

Financial report summary

Kulr Technology
Management Discussion
  • Cash was $48.9 million at September 30, 2019, compared to $49.2 million at December 31, 2018. Net cash provided by operations was $26.7 million in the third quarter of 2019 and $63.0 million in the nine months ended September 30, 2019, compared to $6.5 million in the third quarter of 2018 and $14.5 million in the nine months ended September 30, 2018. Improved cash flow, principally through working capital management, has allowed the Company to repay outstanding borrowings of approximately $38.0 million in 2019 and fund capital expenditures. As of September 30, 2019, there was approximately $110 million of availability under the Company's credit facility.
  • The Company believes the weakness seen in both the Technical Nonwovens and Performance Materials segments is not expected to improve in the fourth quarter and may further deteriorate. As a result, the Company is aggressively adjusting its cost structure, and will record one-time severance related expenses of $2.0 million to $2.5 million in the fourth quarter, with savings of $4.0 million to $5.0 million anticipated in 2020. Further, the Company will be negatively impacted by the General Motors strike in the fourth quarter, and continues to focuss on reducing manufacturing costs in the Thermal Acoustical Solutions segment. As 2019 closes out, the Company expects strong cash generations that will allow the Company to continue to reduce its outstanding debt.
  • On October 15, 2019, the Company announced that Sara A. Greenstein has been appointed President and Chief Executive Officer of Lydall, Inc., effective upon the commencement of her employment with Lydall, which will be on or before November 18, 2019. Ms. Greenstein will succeed Dale G. Barnhart, who will be retiring. In connection with these actions, the Company expects to incur one-time expense in the fourth quarter of 2019 of approximately $1.8 million.
Content analysis ?
H.S. junior Avg
New words: aggressively, Barnhart, Codification, Dale, deteriorate, focuss, Greenstein, Modernization, NaN, Sara, Simplification, stagnant, strike, strong, succeed
Removed: assigned, categorized, complex, determination, disaggregation, finalization, heavily, hundred, integrate, offsetting, overtime, preliminary, recast, reflect, rely, steady