Citi Upgrades NCI Building Systems (NCS) to Buy

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NCI Building Systems Reports First Quarter 2015 Fiscal Year Results

March 10, 2015 4:05 PM EDT

HOUSTON, March 10, 2015 /PRNewswire/ -- NCI Building Systems, Inc. (NYSE: NCS) today reported financial results for the first fiscal quarter ended February 1, 2015. 

First Quarter 2015 Financial and Operational Highlights:

Sales rose 3.9% to $322.9 million, compared to last year's first quarter Gross profit margin expanded 320 basis points year-over-year to 22.3% First quarter operating income increased to $4.6 million from a loss of $3.2 million in last year's first quarter Net loss per diluted common share was $(0.00) and adjusted net income per diluted common share was $0.03 Adjusted EBITDA rose 145.3% to $19.6 million,... More