Nortek (NTK) Posts Q3 GAAP loss of 90c/Share

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/15/2026

1. DPZ
2. NVDA
3. DRS
4. GS
5. ACI
6. BAC
7. AVAV
8. UNH
9. ORCL
10. SPY

Go back to Nortek (NTK) Posts Q3 GAAP loss of 90c/Share

Nortek Reports Third Quarter 2015 Results

November 3, 2015 5:19 PM EST

PROVIDENCE, R.I., Nov. 3, 2015 /PRNewswire/ -- Nortek, Inc. (Nasdaq: NTK), a global diversified industrial company with leading brands and innovative air management and technology-driven solutions for residential and commercial applications, today announced financial results for the three-month period ended September 26, 2015.

Management Commentary

"Nortek's third-quarter net sales decreased 3.9% year-over-year, excluding acquisitions, divestitures and the impact of foreign exchange translation, and adjusted EBITDA*, on the same basis, was down 3.7%," said President and Chief Executive Officer Michael J. Clarke. "Solid performance in our Custom Air, Ergonomics and Air Quality... More