Continental Building Products (CBPX) Tops Q2 EPS by 3c
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Continental Building Products Reports Second Quarter 2016 Results
August 3, 2016 4:05 PM EDTHERNDON, Va.--(BUSINESS WIRE)-- Continental Building Products, Inc. (NYSE: CBPX) (the Company), a leading manufacturer of wallboard and gypsum-based products, announced today results for the second quarter ended June 30, 2016.
Highlights of Second Quarter 2016 as Compared to Second Quarter 2015
Net sales of $117.1Â million rose by 5.5% Net income improved to $12.7Â million compared to a loss of $0.1Â million Adjusted EBITDA1 of $35.1Â million up from $33.3Â million Gross margin of 28.5%, expanded by 190 basis points Earnings per share increased to $0.31... More