Article: American Biltrite Reports Second Quarter Results.(Financial report)

American Biltrite Inc. (NYSE Amex: ABL) reported its results for the second quarter of 2009 today. Net sales for the three months ended June 30, 2009 were $81.3 million, down 19.7% from $101.2 million in the second quarter of 2008. The net loss for the three months ended June 30, 2009 was $2.2 million or $0.63 per share (basic and diluted) compared with a net loss of $70 thousand or $0.02 per share (basic and diluted) in the second quarter of 2008. For the six months ended June 30, 2009, American Biltrite's net loss was $7.7 million, or $2.22 per share (basic and diluted), on net sales of $151.4 million, compared with net income of $902 thousand, or $0.26 per share (basic ...

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