Headwaters (HW) Tops Q2 EPS by 17c

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Headwaters Incorporated Announces Fiscal 2015 Second Quarter Results

May 5, 2015 6:00 AM EDT

Revenue Increased 15% to $180 Million Adjusted EBITDA Increased 35% to $24 Million Operating Income Increased from $0.5 Million to $8 Million Raising FY 2015 Adjusted EBITDA Guidance to $155-$170 Million

SOUTH JORDAN, Utah--(BUSINESS WIRE)-- Headwaters Incorporated (NYSE: HW), a building products company dedicated to improving lives through innovative advancements in construction materials, today announced results for its second quarter of fiscal 2015.

Second Quarter 2015 Highlights

Revenue increased 15% to $180 million, including 10% organic growth Gross profit increased 22% and gross margin increased by 155 basis points... More