Installed Building Products (IBP) Misses Q3 EPS by 16c

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Go back to Installed Building Products (IBP) Misses Q3 EPS by 16c

Installed Building Products Reports Results for Third Quarter 2015

October 28, 2015 7:00 AM EDT

Net Revenue Increased 29.3% to $181.6 Million Adjusted EBITDA Increased 53.9% to $22.4 Million Operating Income Increased 43.2% to $15.5 Million Adjusted Net Income Per Diluted Share Increased 60.0% to $0.32

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 third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Net revenue increased 29.3% to $181.6 million compared to third quarter 2014; same branch sales increased 8.4% compared to third quarter 2014... More