P.H. Glatfelter Company (GLT), a manufacturer of specialty papers and fiber-based engineered materials, has recorded a 5 times surge in profit for the quarter ended Jun. 30, 2014. The company earned $4.67 million or $0.11 a share in the second-quarter compared with $0.93 million or $0.02 a share a year ago. Adjusted earnings per share came in at $0.09, when analysts expected $0.10.

Revenue during the second-quarter grew 4.63 percent to $446.13 million from $426.39 million in the last year period.

Gross margin contracted by 29 basis points over the previous year period to 9.29 percent. Total expenses as a percentage of revenues decreased to 97.62 percent from 98.52 percent in the same period last year. That has resulted in improvement of 89 basis points in operating margins to 2.38 percent.

The company disclosed operating income of $10.60 million, compared with $6.33 million in the last year period.

"Our second quarter results reflect the continued progress of our growth businesses as Composite Fibers and Advanced Airlaid Materials reported operating income increases of 5 percent and 17 percent, respectively," said Dante C. Parrini, chairman and chief executive officer.

Shares of the company went down by 9 cents or 0.36 percent to close at $24.60 on Tuesday.