Albany International Corp. (AIN) reported that its third-quarter net loss was $6.26 million or $0.20 per share, compared to net income of $77 thousand or breakeven per share in the same quarter last year. The results included a net charges for special items of $0.51 in third-quarter of 2009 and $0.47 in third quarter of 2008.
Net sales for the quarter were $217.93 million, compared to $266.92 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.16 per share on revenues of $208.93 million for the quarter. Analysts' estimates typically exclude special items.
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