Builders FirstSource (BLDR) Misses Q1 EPS by 1c

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Builders FirstSource Reports First Quarter 2015 Results

April 23, 2015 5:00 PM EDT

DALLAS, April 23, 2015 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq: BLDR), a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, today reported its results for the first quarter ended March 31, 2015.

First quarter highlights include the following (see financial schedules for more information, including non-GAAP reconciliations):

First quarter 2015 sales increased to $371.0 million, up 7.2 percent, compared to $345.9 million for the first quarter of 2014.      Gross margin percentage was 22.6 percent, up 90 basis points from 21.7 percent in the first quarter of 2014.      Adjusted EBITDA was $11.3 million,... More