Headwaters (HW) Tops Q1 EPS by 13c
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Headwaters Incorporated Announces Results for First Quarter of Fiscal 2016
February 2, 2016 6:00 AM ESTRevenue Increased 9% to $218 Million Adjusted EBITDA Increased 19% to $40 Million Operating Income Increased 29% to $25 Million Adjusted EPS Increased 65% to $0.28
SOUTH JORDAN, Utah--(BUSINESS WIRE)-- HEADWATERS INCORPORATED (NYSE: HW), a building products company dedicated to improving lives through innovative advancements in construction materials, today announced results for its first quarter of fiscal 2016.
First Quarter 2016 Highlights
Revenue increased 9% to $218 million, including 8% organic growth Gross profit increased 15% and gross margin expanded by 150 basis points Adjusted EBITDA increased 19% and... More