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Sep 30, 2024
Glatfelter Q3 2024 Earnings Report
Reported solid third quarter results with continued resilience and progress in its core business segments.
Key Takeaways
Glatfelter reported net sales of $332 million and a GAAP net loss from continuing operations of $20.0 million. Adjusted EBITDA was $24.6 million, slightly down from $25.5 million in Q3 2023. The company is preparing for a new future under Magnera, with the transaction closing scheduled for November 4th.
Net sales reached ~$332 million.
GAAP net loss from continuing operations was $20.0 million.
Adjusted EBITDA was $24.6 million, slightly lower than Q3 2023.
Spunlace generated $4.8 million EBITDA, a $2.5 million increase over Q3 '23.
Glatfelter
Glatfelter
Glatfelter Revenue by Segment
Revenue by Segment
Americas Revenue
CapyFin.comRest of World Revenue
CapyFin.com Forward Guidance
Glatfelter is being merged with Berry Global's Health, Hygiene and Specialties segment to create Magnera.
Revenue & Expenses
Visualization of income flow from segment revenue to net income