GlobeNewswire: Synalloy Corporation Contains the last 10 of 157 releaseshttp://www.globenewswire.com/External?Length=42024-03-19T14:00:50ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2019/11/22/1951542/0/en/Synalloy-Corporation-Announces-No-Annual-Dividend-for-2019.html?f=22&fvtc=4&fvtv=7440Synalloy Corporation Announces No Annual Dividend for 20192019-11-22T18:00:00Z<![CDATA[RICHMOND, Va., Nov. 22, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation announces that its Board of Directors has decided not to make an annual dividend payment for 2019. The Company’s financial performance in 2019 is well below plan, with a projected operating loss for the entire year.]]>https://www.globenewswire.com/news-release/2019/11/12/1945204/0/en/Synalloy-Reports-Third-Quarter-2019-Results.html?f=22&fvtc=4&fvtv=7440Synalloy Reports Third Quarter 2019 Results2019-11-12T12:00:00Z<![CDATA[RICHMOND, Va., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the third quarter of 2019 of $73.6 million. This represents a decrease of $4.2 million or 5.3% when compared to net sales for the third quarter of 2018. Excluding net sales of ASTI, net sales for the third quarter of 2019 decreased $12.6 million, or 16.2% compared to net sales for the third quarter of 2018. Net sales for the first nine months of 2019 were $237.2 million, an increase of $29.1 million or 14.0% from the first nine months of 2018. Excluding net sales of ASTI (for the nine months ended September 30, 2019) and Munhall-Galvanized (for the first six months of 2019), net sales for the first nine months of 2019 decreased $10.4 million, or 5.0% compared to net sales for the first nine months of 2018.]]>https://www.globenewswire.com/news-release/2019/11/01/1939736/0/en/Synalloy-Announces-Third-Quarter-Earnings-Conference-Call.html?f=22&fvtc=4&fvtv=7440Synalloy Announces Third Quarter Earnings Conference Call2019-11-01T19:00:04Z<![CDATA[RICHMOND, Va., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its third quarter 2019 earnings results in a press release that will be issued before the market opens on Tuesday, November 12, 2019. Following the earnings release, Synalloy will conduct a conference call and webcast at 9:00 AM ET to discuss the earnings results. Interested parties may listen to this discussion by calling 1(877) 303-6648; Conference ID code 8373416. The conference call will be webcast live through Synalloy's website at www.synalloy.com under the Investor Relations tab.]]>https://www.globenewswire.com/news-release/2019/08/23/1906055/0/en/Synalloy-Announces-Rejection-of-Reduced-Offer-from-Privet-Fund-Management-LLC.html?f=22&fvtc=4&fvtv=7440Synalloy Announces Rejection of Reduced Offer from Privet Fund Management LLC2019-08-23T14:00:00Z<![CDATA[RICHMOND, Va., Aug. 23, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL) announced today that the Executive Committee of its Board of Directors, acting on behalf and with the unanimous support of the Company’s Board of Directors, after deliberation and careful consultation with its independent financial and legal advisors, once again rejected an unsolicited offer by Privet Fund Management LLC (“Privet”) for a proposed transaction whereby Privet would purchase all of the issued and outstanding shares of Synalloy not already owned by Privet. Privet’s most recent offer indicated a lower price than its offer dated May 29, 2019. “The Board and management team continue to believe we can create greater value for our shareholders with our strategy of growing our existing segments and pursuing accretive acquisitions and expansion into complementary product lines,” said Craig C. Bram, Synalloy’s President and Chief Executive Officer.]]>https://www.globenewswire.com/news-release/2019/08/13/1900922/0/en/Synalloy-Reports-Second-Quarter-2019-Results.html?f=22&fvtc=4&fvtv=7440Synalloy Reports Second Quarter 2019 Results2019-08-13T11:00:00Z<![CDATA[RICHMOND, Va., Aug. 13, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the second quarter of 2019 of $78.8 million. This represents an increase of $6.9 million or 9.6% when compared to net sales for the second quarter of 2018. Excluding net sales of ASTI and Munhall-Galvanized, net sales for the second quarter of 2019 decreased $7.9 million, or 11.0% compared to net sales for the second quarter of 2018. Net sales for the first six months of 2019 were $163.6 million, an increase of $33.2 million or 25.5% from the first six months of 2018. Excluding net sales of ASTI and Munhall-Galvanized, net sales for the first six months of 2019 increased $2.2 million, or 1.7% compared to net sales for the first six months of 2018.]]>https://www.globenewswire.com/news-release/2019/07/29/1893178/0/en/Synalloy-Announces-Second-Quarter-Earnings-Conference-Call.html?f=22&fvtc=4&fvtv=7440Synalloy Announces Second Quarter Earnings Conference Call2019-07-29T18:42:19Z<![CDATA[RICHMOND, Va., July 29, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its second quarter 2019 earnings results in a press release that will be issued before the market opens on Tuesday, August 13, 2019. Following the earnings release, Synalloy will conduct a conference call and webcast at 9:00 AM EDT to discuss the earnings results. Interested parties may listen to this discussion by calling 1(877) 303-6648; Conference ID code 5170966. The conference call will be webcast live through Synalloy's website at www.synalloy.com under the Investor Relations tab.]]>https://www.globenewswire.com/news-release/2019/06/19/1871468/0/en/Synalloy-Updates-Full-Year-2019-Guidance.html?f=22&fvtc=4&fvtv=7440Synalloy Updates Full Year 2019 Guidance2019-06-19T18:15:00Z<![CDATA[RICHMOND, Va., June 19, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), today announced reduced guidance for the full year 2019 results. Net sales are now expected to total $329 million, down from the previous forecast of $340 million. Adjusted EBITDA for the year is estimated at $22 million, down from the prior forecast of $30 million. Adjusted EBITDA reflects inventory price change losses and negative manufacturing variances that are projected to total approximately $5 million. A reconciliation of Net Income to Adjusted EBITDA is provided as an exhibit to the press release.]]>https://www.globenewswire.com/news-release/2019/05/29/1856579/0/en/Synalloy-Announces-Rejection-of-Unchanged-Offer-from-Privet-Fund-Management-LLC.html?f=22&fvtc=4&fvtv=7440Synalloy Announces Rejection of Unchanged Offer from Privet Fund Management LLC 2019-05-29T16:00:00Z<![CDATA[RICHMOND, Va., May 29, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL) announced today that the Executive Committee of its Board of Directors, acting on behalf of the Board of Directors, after deliberation and careful consultation with its independent financial and legal advisors, once again rejected an unsolicited offer by Privet Fund Management LLC (“Privet”) for a proposed transaction whereby Privet would purchase all of the issued and outstanding shares of Synalloy not already owned by Privet. Privet’s most recent offer was unchanged and simply reiterated its offer dated April 23, 2019. “The Board believes that Privet has two options at this point,” said Craig C. Bram, Synalloy’s President and Chief Executive Officer. “Privet should either negotiate with the Executive Committee of the Board to determine an acceptable price, or tender for the shares and let the shareholders vote directly on the offer. This back and forth letter writing about an inadequate $20 per share offer is distracting and counter to our goal of building shareholder value,” said Bram.]]>https://www.globenewswire.com/news-release/2019/04/30/1812405/0/en/Synalloy-Reports-First-Quarter-2019-Results.html?f=22&fvtc=4&fvtv=7440Synalloy Reports First Quarter 2019 Results2019-04-30T11:30:00Z<![CDATA[Synalloy Posts Record First Quarter Sales, Reaffirms Fiscal Year 2019 Guidance Synalloy Posts Record First Quarter Sales, Reaffirms Fiscal Year 2019 Guidance]]>https://www.globenewswire.com/news-release/2019/04/26/1810709/0/en/Synalloy-Announces-Rejection-of-Unsolicited-Offer-from-Privet-Fund-Management-LLC.html?f=22&fvtc=4&fvtv=7440Synalloy Announces Rejection of Unsolicited Offer from Privet Fund Management LLC2019-04-26T15:00:00Z<![CDATA[RICHMOND, Va., April 26, 2019 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL) announced today that its Board of Directors, after deliberation and careful consultation with its independent financial and legal advisors, unanimously rejected an unsolicited offer by Privet Fund Management LLC (“Privet”) for a proposed transaction whereby Privet would purchase all of the issued and outstanding shares of Synalloy not already owned by Privet. “The Synalloy Board determined that Privet’s unsolicited offer heavily discounts the Company’s recent performance and near-term potential,” said Craig C. Bram, Synalloy’s President and Chief Executive Officer. “Our management team’s number one priority is building stockholder value, and we believe that our current growth strategy will continue to generate positive results for all of our stockholders,” said Bram.]]>