Unique Fabricating (UFAB) Tops Q1 EPS by 1c, Beats on Revenues

Unique Fabricating (NYSE: UFAB) reported Q1 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $47.3 million versus the consensus estimate of $46.53 million.

First Quarter 2018 Financial Highlights

• Revenue of $47.3 million in the first quarter of 2018, compared to $47.9 million in the first quarter of 2017
• Net income of $1.5 million, or $0.15 per basic diluted share in the first quarter of 2018, compared to $2.0 million, or $0.21 per basic and diluted share in the first quarter of 2017
• Adjusted EBITDA of $4.9 million in the first quarter of 2018, including $1.7 million for non-cash charges specifically related to depreciation and amortization and non-cash stock awards, compared to $5.4 million in the first quarter of 2017, including $1.6 million for non-cash charges specifically related to depreciation and amortization and non-cash stock awards(1)
• Adjusted diluted earnings per share of $0.21 in the first quarter of 2018 versus $0.23 in the first quarter of 2017(1)
• Declared a quarterly cash dividend of $0.15 per share payable on June 7, 2018 for stockholders of record as of May 31, 2018

For earnings history and earnings-related data on Unique Fabricating (UFAB) click here.

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