Glatfelter Corporation (GLT)

NYSE: GLT · IEX Real-Time Price · USD
1.490
+0.010 (0.68%)
Apr 26, 2024, 4:00 PM EDT - Market closed
0.68%
Market Cap 67.27M
Revenue (ttm) 1.39B
Net Income (ttm) -79.05M
Shares Out 45.15M
EPS (ttm) -1.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 147,833
Open 1.470
Previous Close 1.480
Day's Range 1.460 - 1.520
52-Week Range 1.250 - 4.590
Beta 1.68
Analysts n/a
Price Target n/a
Earnings Date May 9, 2024

About GLT

Glatfelter Corporation, together with its subsidiaries, engages in the manufacture and sale of engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative lami... [Read more]

Sector Materials
Founded 1864
Employees 2,920
Stock Exchange NYSE
Ticker Symbol GLT
Full Company Profile

Financial Performance

In 2023, Glatfelter's revenue was $1.39 billion, a decrease of -7.10% compared to the previous year's $1.49 billion. Losses were -$79.05 million, -59.29% less than in 2022.

Financial Statements

News

Berry and Glatfelter Announce Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced today the achievement of a regulatory milestone in the proposed transaction in...

Other symbols: BERY
9 days ago - Business Wire

Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business

~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company

15 days ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on May 9th

CHARLOTTE, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 first-quarter results on Thursday, May 9, 2024. Management will...

22 days ago - GlobeNewsWire

Glatfelter Reports Fourth Quarter and Year End 2023 Results

~ Q4 performance in-line with expectations despite reduced production to manage inventory levels ~ ~ Announced plans for Merger with Berry Global's HHNF business anticipated in second half of 2024 ~

2 months ago - GlobeNewsWire

Shareholder Alert: Ademi LLP investigates whether Glatfelter Corporation has obtained a Fair Price in its transaction with Berry Global Group

MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating Glatfelter (NYSE: GLT)  for possible breaches of fiduciary duty and other violations of law in its transaction with Berry Global Gr...

2 months ago - PRNewsWire

GLT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Glatfelter Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Glatfelter Corporation (NYSE: GLT) and Berry Global Group, Inc.'s Health, Hygiene and S...

2 months ago - Business Wire

Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader

EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today they have entered into definitive agreements for Berry t...

Other symbols: BERY
2 months ago - Business Wire

Glatfelter Corporation to Report Earnings on February 22nd

CHARLOTTE, N.C., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 fourth-quarter results on Thursday, February 22, 2024. Managemen...

3 months ago - GlobeNewsWire

Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presence in Latin America

CHARLOTTE, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is pleased to announce its growing partnership with Tzuriel, a...

3 months ago - GlobeNewsWire

Safire and Glatfelter Announce Strategic Partnership to Develop Safer, Higher-Performing Lithium-ion Batteries

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Safire Technology Group, Inc., a venture-backed company developing advanced battery safety technologies, and Glatfelter Corporation, a leading global supplier of eng...

6 months ago - Business Wire

Glatfelter Reports Third Quarter 2023 Results

202 3 Third Quarter Overview: Generated net sales of ~$330 million and a GAAP net loss from continuing operations of $19.7 million Delivered strong sequential recovery of Adjusted EBITDA of $25.5 mill...

6 months ago - GlobeNewsWire

Glatfelter Wins Supplier Award by Rockline Industries

CHARLOTTE, N.C., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that Glatfelter Industries Asheville Inc. was the recipient of the prestigious RRITE Supplier Awa...

6 months ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on November 2nd

CHARLOTTE, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 third-quarter results on Thursday, November 2, 2023. Management ...

7 months ago - GlobeNewsWire

Glatfelter Announces Resignation of Director Lee C. Stewart

CHARLOTTE, N.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Mr. Lee C. Stewart has resigned from the...

7 months ago - GlobeNewsWire

Hygienix Innovation Award™ Finalist: Glatfelter's GlatPure™ Range

CHARLOTTE, N.C., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a finalist for the 2023 Hygienix Innova...

7 months ago - GlobeNewsWire

Glatfelter & Ekman Initiate Partnership To Sell Abaca Pulp Globally

CHARLOTTE, N.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT), a leading global supplier of engineered materials, has entered into an agreement...

8 months ago - GlobeNewsWire

Glatfelter Announces Sale of Ober-Schmitten, Germany Facility

Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational

9 months ago - GlobeNewsWire

Glatfelter Reports Second Quarter 2023 Results

Business Fundamentals Remain Sound Despite Persistent Market and Economic Headwinds Business Fundamentals Remain Sound Despite Persistent Market and Economic Headwinds

9 months ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on August 3rd

CHARLOTTE, N.C., July 12, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 second-quarter results on Thursday, August 3, 2023. Management w...

10 months ago - GlobeNewsWire

Glatfelter's GlatPure™ ADL and Absorbent Core Earns OK Biobased Certification from TUV Austria

CHARLOTTE, N.C., June 15, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is pleased to announce that its GlatPure™ Acquisition Distribu...

11 months ago - GlobeNewsWire

Glatfelter Corporation to present at the Sidoti Summer Small Cap Virtual Conference on June 14th

CHARLOTTE, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Thomas Fahnemann, President, and Chief Exe...

11 months ago - GlobeNewsWire

Glatfelter Announces Closure of Ober-Schmitten, Germany Facility

Action taken as part of Company's Turnaround Strategy to Divest Unprofitable Non-Core Assets Action taken as part of Company's Turnaround Strategy to Divest Unprofitable Non-Core Assets

11 months ago - GlobeNewsWire

Glatfelter Reports First Quarter 2023 Results

Improved financial performance driven by progress on key turnaround actions Improved financial performance driven by progress on key turnaround actions

1 year ago - GlobeNewsWire

Glatfelter to Showcase Newest Product Offerings at INDEX™23

CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, will be exhibiting at INDEX™23, the world's leading nonwovens...

1 year ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on May 4th

CHARLOTTE, N.C., April 07, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 first-quarter results on Thursday, May 4, 2023. Management will...

1 year ago - GlobeNewsWire