Ceramic Industry News

Ogelbay Norton Reports Third Quarter 2001 Results

November 1, 2001
/ Print / Reprints /
ShareMore
/ Text Size+
Oglebay Norton Co. recently announced results for the third quarter and nine months ended September 30, 2001. Revenues for the third quarter were $120.1 million compared to $119.2 million in the year-earlier period, and were $305.4 million for the first nine months, up 5% compared to $290.8 million for the first nine months of 2000. After adjusting for freight and the acquisition of Global Stone Portage in the third quarter of 2000, revenues for the quarter and nine months declined 4% and 1%, respectively. Net income for the third quarter was $0.2 million, down from $7.6 million in the year-earlier period. The decline in net income for the quarter can be attributed to margin erosion and several unexpected and nonrecurring production outages. For the nine-month period, the company had a net loss of $7.9 million compared to net income of $11.3 million reported in the year-earlier period.

The replay of a recent conference call will be available until October 31 at (888) 562-0219, access code LAUER, or at http://www.oglebaynorton.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px