Global Brass & Copper (BRSS) Tops Q3 EPS by 3c
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Global Brass and Copper Holdings, Inc. Reports Third Quarter 2015 Financial Results
November 2, 2015 5:54 PM ESTThird Quarter Highlights
Volume of 129.8 million pounds, a decrease of 1.5% year-over-year; Adjusted sales of $134.5 million, a decrease of 1.6% year-over-year; Adjusted EBITDA of $30.6 million, an increase of 0.7% year-over-year; Adjusted diluted earnings per common share of $0.54, an increase from $0.51 in the prior year period; Net sales of $367.7 million, a decrease of 15.8% year-over-year; Net income attributable to GBC of $6.9 million, which includes a $2.3 million lower of cost or market charge and a $2.3 million loss on extinguishment of debt... More