![Glatfelter Corp [GLT] reports annual net loss of $79,053,000.0](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FGLT.png&w=3840&q=75)
Glatfelter Corp [GLT] reports annual net loss of $79,053,000.0
Company Reports Revenue of $1.4 billion
Glatfelter Corp [GLT] has reported a net loss of $79,053,000.0 for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $1.4 billion
Based in CHARLOTTE, North Carolina, Glatfelter Corp operates in the MANUFACTURING sector.
In the annual report for the financial year ending December 31, 2023, the company reported a decrease in net sales compared to the previous year. Net sales for the current year stood at $1.39 billion, slightly lower than the $1.49 billion recorded in the same period in 2022 and higher than the $1.08 billion in 2021.
The cost of goods sold for the current year amounted to $1.26 billion, down from $1.34 billion in 2022 and significantly higher than the $0.94 billion recorded in 2021.
