Ply Gem Holdings (PGEM) Tops Q1 EPS by 4c, Offers Outlook
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Ply Gem Reports First Quarter 2016 Results
May 9, 2016 7:00 AM EDTCARY, N.C.--(BUSINESS WIRE)-- Ply Gem Holdings, Inc. (Ply Gem or the Company) (NYSE: PGEM), a leading manufacturer of exterior building products in North America, today announced financial results for the quarter ended April 2, 2016.
First Quarter 2016 Highlights
Total net sales for the first quarter increased 8.7% to $408.6 million. Operating earnings increased $23.6 million to $9.6 million compared to the first quarter of 2015. Adjusted EBITDA was $24.7 million compared to $2.3 million for the first quarter of 2015 achieving an LTM Adjusted EBITDA of $207.1 million.... More