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United States

Libbey Inc (LBY.A)

LBY.A on American Stock Exchange

9.56USD
16 Oct 2017
Change (% chg)

$-0.18 (-1.85%)
Prev Close
$9.74
Open
$9.84
Day's High
$9.84
Day's Low
$9.48
Volume
7,851
Avg. Vol
22,106
52-wk High
$20.75
52-wk Low
$7.34

Latest Key Developments (Source: Significant Developments)

Libbey reports Q2 loss per share $0.04
Tuesday, 1 Aug 2017 07:45am EDT 

Aug 1 (Reuters) - Libbey Inc :Announces second quarter results.Libbey Inc qtrly net sales $197.5 million, down 5.0 percent versus prior year, or down 4.1 percent in constant currency.Libbey inc says company affirmed its previous full-year 2017 outlook.Libbey Inc qtrly loss per share $0.04.Q2 revenue view $198.3 million -- Thomson Reuters I/B/E/S.Libbey Inc - at june 30, 2017, trade working capital was $202.4 million, a decrease of $17.0 million from $219.4 million at june 30, 2016.Libbey Inc - co indicated it expects 2017 adjusted ebitda margin to be near low end of its previously provided 11 percent to 13 percent range​.  Full Article

Libbey Inc reports qtrly loss per share $0.30
Tuesday, 2 May 2017 07:45am EDT 

May 2 (Reuters) - Libbey Inc : :Libbey Inc announces first quarter results.Libbey Inc qtrly net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency.Says revised its full-year 2017 outlook.Sees 2017 net sales decline in low-to-mid-single digits, compared to full year 2016, on a reported basis.Libbey Inc sees full-year 2017 capital expenditures of approximately $50 million.Libbey Inc expects full-year 2017 adjusted ebitda margin in 11 percent to 13 percent range.Libbey Inc qtrly loss per share $0.30.  Full Article

Libbey expects Q1 net loss in range of $6 mln to $8 mln
Wednesday, 19 Apr 2017 07:45am EDT 

April 19 (Reuters) - Libbey Inc ::Libbey Inc provides first quarter business update.Q1 sales $173 million versus I/B/E/S view $179.7 million.Libbey Inc- expects Q1 of 2017 net loss in range of $6 million to $8 million, compared to net income of $0.7 million in prior year Q1.Libbey Inc - Q1 profitability impacted by "stronger competitive pressures", a continuation of end-market trends observed during H2 of last year.Libbey Inc- estimate furnace rebuilds, technology investments, foreign currency negatively impacted Q1 y-o-y adjusted EBITDA comparisons about $11 million.Libbey - estimate furnace rebuilds, technology investments, foreign currency negatively impacted Q1 y-o-y adjusted EBITDA comparisons by about $11 million.Libbey Inc- "also taking pricing actions in both u.s. And Mexico to improve margins".Libbey Inc- updated capital spending plan to reduce 2017 capital expenditures to low end of our previously guided range.  Full Article

Libbey Inc Q4 sales $205.8 million
Tuesday, 28 Feb 2017 07:45am EST 

Libbey Inc : Libbey Inc announces fourth quarter and full-year 2016 financial results . Q4 sales $205.8 million versus I/B/E/S view $220 million . Sees 2017 net sales flat to slightly down on an as reported basis, compared to full-year 2016 . Sees 2017 capital expenditures in range of $50 million to $55 million . Sees 2017 adjusted EBITDA margin of 13 percent to 14 percent . Libbey Inc qtrly loss per share $0.10 .Libbey Inc says Toledo work stoppage negatively impacted net sales by estimated $7 million to $9 million and income before income taxes by about $7 million to $8 million in Q4.  Full Article

Libbey Board of Directors approves 2% dividend increase
Tuesday, 7 Feb 2017 02:03pm EST 

Libbey Inc : Libbey Board of Directors approves 2% dividend increase .Board of Directors declared quarterly dividend of 11.75 cents, a 2 percent increase over quarterly dividend paid in comparable period of 2016.  Full Article

Libbey says CFO Sherry Buck to leave company effective Dec 31
Thursday, 8 Dec 2016 07:45am EST 

Libbey Inc : Company has engaged executive search firm Crist|kolder associates to conduct a comprehensive search for Buck's replacement . Libbey Inc - Sherry Buck, vice president, chief financial officer, will be leaving company effective December 31, 2016 . Search for successor in process . In interim period after Buck's departure, Buck's former duties will be assumed by Ronni Smith, vice president, corporate controller .Libbey Inc announces departure of chief financial officer.  Full Article

Libbey Inc qtrly EPS $0.40
Thursday, 4 Aug 2016 07:45am EDT 

Libbey Inc : Libbey inc. Announces second quarter 2016 financial results . Q2 sales $207.9 million versus i/b/e/s view $213.5 million . Qtrly earnings per share $0.40 . Q2 earnings per share view $0.53, revenue view $213.5 million -- Thomson Reuters I/B/E/S . Fy2016 revenue view $828.5 million -- Thomson Reuters I/B/E/S .Expect 2016 net sales to be down 1 to 2 percent year over year on a reported basis.  Full Article

Libbey Inc names William Foley Chairman And Chief Executive Officer
Tuesday, 12 Jan 2016 04:05pm EST 

Libbey Inc:Announced that its Board of Directors has elected William A. Foley as the Company's new chairman and chief executive officer, effective immediately.Stephanie A. Streeter, Libbey's chief executive officer since August 2011, has resigned from the Company to pursue other opportunities.  Full Article

BRIEF-Libbey reports Q2 loss per share $0.04

* Libbey Inc qtrly net sales $197.5 million, down 5.0 percent versus prior year, or down 4.1 percent in constant currency