Installed Building Products (IBP) Reports In-Line Q2 EPS

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Installed Building Products Reports Results for Second Quarter 2015

July 29, 2015 7:00 AM EDT

- Net Revenue Increased 26.4% to $159.7 Million

- Adjusted EBITDA Increased 77.4% to $17.7 Million

- Operating Income Increased 148.5% to $11.4 Million

- Adjusted Net Income Per Diluted Share Increased 109.1% to $0.23

COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the Company or IBP) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today results for the second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Net revenue increased 26.4% to $159.7 million compared to second quarter 2014; same branch sales increased 10.0% compared to second quarter 2014 attributable... More