United States

Synalloy Corp (SYNL.OQ)

SYNL.OQ on NASDAQ Stock Exchange Global Market

25 May 2017
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Latest Key Developments (Source: Significant Developments)

Synalloy reports Q1 earnings per share $0.08
Tuesday, 9 May 2017 07:30am EDT 

May 9 (Reuters) - Synalloy Corp : :Synalloy reports first quarter 2017 results: sales increase drives a return to profitability.Q1 adjusted earnings per share $0.03.Q1 earnings per share $0.08.Q1 sales $42.2 million.Synalloy Corp - bookings in Q1 for stainless steel pipe were "very strong", bringing backlog to approximately $28 million.Synalloy Corp - "expect to exceed our original forecast for 2017".  Full Article

Synalloy Corp says on Feb 28, Bristol Metals & co's unit entered into Amendment No 1 to Asset Purchase Agreement
Monday, 6 Mar 2017 03:18pm EST 

Synalloy Corp : On February 28, 2017, Bristol Metals and co's unit entered into Amendment No. 1 to Asset Purchase Agreement-SEC filing . On February 28, 2017 unit entered MOU with MUSA, USW . Unit and Union amended terms of CBA to include a modest wage increase and to extend CBA's termination date to September 30, 2018 .Amendment No. 1 to APA dated Dec 9, 2016 to include finished goods inventory as part of purchased assets.  Full Article

Synalloy says court ordered Palmer to pay customer $8.6 mln in damages
Monday, 9 Jan 2017 11:54am EST 

Synalloy Corp : On Dec 31, 2016, court entered final judgment in favor of customer (plaintiff) and Synalloy and against Palmer . Court ordered Palmer to pay plaintiff approximately $8.60 million in damages-SEC filing .Court ruled Synalloy has no liability to plaintiff - SEC filing.  Full Article

Synalloy closes on ABL credit facility for $45 mln
Thursday, 1 Sep 2016 03:59pm EDT 

Synalloy Corp : Closes On ABL credit facility for $45.0 million and signs purchase and sale agreement on sale-leaseback for $22.0 million with closing expected October 2016 .Upon closing of sale-leaseback, company will enter into absolute triple net leases with purchaser.  Full Article

Synalloy Q2 adjusted EPS $0.00
Tuesday, 9 Aug 2016 07:00am EDT 

Synalloy Corp: Q2 sales $34.9 million . Lowered expectations for full year 2016 . Q2 loss per share $0.18 from continuing operations .Now projecting full year 2016 net loss from continuing operations of $2.4 million, which will equate to adjusted ebitda of about $11 million.  Full Article

Synalloy reports Q1 loss per share of $0.16
Monday, 9 May 2016 07:14am EDT 

Synalloy Corp : Synalloy reports first quarter 2016 results: continued negative impact from oil & gas industry declines and nickel metal pricing . Q1 adjusted earnings per share $0.00 . Q1 loss per share $0.16 .Q1 sales $36.3 million.  Full Article

Synalloy Corporation announces annual dividend payment
Wednesday, 18 Nov 2015 11:00am EST 

Synalloy Corporation:Says declaration of an annual dividend of $.30 per share.Payable on December 8 to holders of record date as on November 27.  Full Article

Synalloy Corporation board authorization of stock purchase program
Monday, 31 Aug 2015 09:00am EDT 

Synalloy Corporation:Up to 1 million shares of its outstanding common stock may be acquired in the open market over the next 24 months.Says purchases will be funded from available working capital.  Full Article

Synalloy Corporation names new chief financial officer
Monday, 13 Jul 2015 08:08am EDT 

Synalloy Corporation:Says Dennis M. Loughran appointed CFO.Says Richard Sieradzki, synalloy's former chief financial officer, will fill the role of chief accounting officer.Says more recently, Loughra served as CFO for Rogers Corporation and privately owned citadel plastics.  Full Article

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BRIEF-Synalloy reports Q1 earnings per share $0.08

* Synalloy reports first quarter 2017 results: sales increase drives a return to profitability