Lydall Q3 2016 Earnings Conference Call

Lydall reported record Q3 2016 sales of $155.7 million, up 18.7% year-over-year, with adjusted EPS reaching $0.86, up 45.7%. Adjusted gross and operating margins expanded 150 and 180 basis points respectively, while adjusted EBITDA margin improved 210 basis points to 16.8%.