Griffon Corp (GFF) Tops Q4 EPS by 2c
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November 12, 2015 4:07 PM EST
NEW YORK--(BUSINESS WIRE)--
Griffon Corporation (Griffon or the Company) (NYSE: GFF) today
reported results for the fourth quarter and fiscal year ended September
30, 2015.
Fourth quarter revenue totaled $502 million, decreasing 4% from the
prior year quarter; excluding the impact of foreign currency, revenue
increased 1%. Telephonics Corporation ("Telephonics") revenue increased
9% over the prior year quarter, while Home & Building Products (HBP)
and Clopay Plastic Products Company, Inc. (PPC) revenue decreased 4%
and 15%, respectively.
For the current quarter, Segment adjusted EBITDA totaled $55.4 million,
increasing 8% from the prior year quarter of $51.3 million. Excluding
the impact of foreign currency of $2.5 million, Segment adjusted... More
November 12, 2015 4:05 PM EST
NEW YORK--(BUSINESS WIRE)--
The Board of Directors of Griffon Corporation (NYSE: GFF) (the Company
or Griffon) declared a regular quarterly cash dividend of $0.05 per
share, a 25% increase over the prior quarter. The dividend is payable on
December 23, 2015 to shareholders of record as of the close of business
on December 3, 2015.
About Griffon Corporation
Griffon Corporation is a diversified management and holding company
conducting business through wholly-owned... More
