Luxfer Holdings Reports Q3 Earnings Miss on EPS and Revenue
Luxfer Holdings (NYSE: LXFR) reported third-quarter financial results that fell short of market expectations. The company posted a Non-GAAP earnings per share (EPS) of $0.25, missing estimates by $0.03, while revenue reached $91.7 million, representing a 1.3% year-over-year decline and falling $2 million below anticipated levels. Profitability also saw a contraction, with adjusted EBITDA dropping to $12.2 million compared to $13.6 million in the same period last year, marking a 10.3% decrease. These results reflect ongoing pressure on both top-line growth and operational margins for the company.
Tickers: $LXFR