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Dentsply, Glatfelter, Unilife report quarterly earnings

Two York County-based companies reported higher net income in the recently completed quarter while remaining cognizant of negative factors from Europe, and a third recorded a higher net loss than the comparable quarter last year, the firms said.

York-based Dentsply International Inc. reported record earnings per diluted share for the second quarter but lowered its guidance for the full year related to the recent trading range of the euro currency, according to a news release.

The company reported net income attributable to Dentsply of $80.8 million, or 56 cents per diluted share, compared with $74.2 million, or 52 cents per diluted share, in the year-ago quarter, the release stated.

The firm had expected adjusted earnings per diluted share of $2.22 to $2.30 for the year but has lowered the expectation to a range of $2.18 to $2.24, according to the release.

Shares of Dentsply International are traded on the Nasdaq under the ticker symbol XRAY.

Consolidated net sales for York-based P.H. Glatfelter Co. were down 3.3 percent in the quarter to $384.7 million, but the company turned in a strong increase in earnings per share, according to a news release.

Glatfelter reported second-quarter net income of $13.4 million, or 31 cents per diluted share, compared with $2.5 million, or 5 cents per diluted share, in the year-ago period, the release stated.

Glatfelter cited macroeconomic trends and the economic conditions of Europe as headwinds, according to the release.

Shares of P.H. Glatfelter are traded on the New York Stock Exchange under the ticker symbol GLT.

York County-based Unilife Corp. tallied a larger net loss for its fiscal fourth quarter that ended June 30 compared with the same period last year, according to a news release.

Unilife reported a fourth-quarter net loss of $14.9 million, or 21 cents per diluted share, compared with $10.5 million, or 17 cents per diluted share, in the year-ago period, the release stated.

Shares of the company are traded on the Nasdaq in the United States under the ticker symbol UNIS.

 

Brent Burkey

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