Libbey Inc. Provides Preliminary Financial Guidance for the First Quarter Ended March 31, 2017
April 19, 2017 at 07:45 am EDT
Libbey Inc. provided preliminary financial results for its first quarter ended March 31, 2017. For the first quarter of 2017, the company reported net sales of approximately $173 million, compared to $183 million in the prior year first quarter. Net loss in the range of $6 million to $8 million, compared to net income of $0.7 million in the prior year first quarter and adjusted EBITDA in the range of $5 million to $7 million, compared to $22.9 million the prior year first quarter.