MANCHESTER, CT -- (MARKET WIRE) -- April 27, 2007 -- LYDALL, INC. (NYSE: LDL) today announced financial results for the first quarter ended March 31, 2007.
Net sales for the first quarter ended March 31, 2007 were $83.7 million compared with $82.2 million for the same period in 2006. Excluding the impact of foreign currency translation, net sales were essentially flat in the first quarter of 2007 compared with the first quarter of 2006. Net income for the current quarter was $1.8 million, or $.11 per diluted share, compared with $1.9 million, or $.12 per diluted share, for the first quarter of 2006.
