UBS Cuts Price target on NCI Building Systems (NCS) Following 3Q15 Results
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NCI Building Systems Reports Third Quarter 2015 Fiscal Year Results
September 2, 2015 4:10 PM EDTHOUSTON, Sept. 2, 2015 /PRNewswire/ --Â NCI Building Systems, Inc. (NYSE: NCS) today reported financial results for the third fiscal quarter ended August 2, 2015.Â
Third Quarter 2015 Financial and Operational Highlights:
Sales rose 16.4% to $420.8 million, compared to $361.6 million in last year's third quarter, primarily driven by the recent acquisition of CENTRIA Gross profit margin expanded 190 basis points year-over-year to 23.9% Adjusted operating income increased 84% year-over-year Net Income increased 19% to $7.2 million, compared to $6.1 million in last year's third quarter Net income per diluted common share was $0.10 and... More