CSW Industrials (CSWI) Reports Q1 EPS of $0.51
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CSW Industrials Reports Fiscal First Quarter 2017 Results
August 15, 2016 8:02 AM EDTHighlights
First quarter 2017 revenue of $84.1 million, compared to $88.9 million in the prior year period.First quarter 2017 GAAP operating income of $7.4 million; Non-GAAP operating income of $12.4 million.First quarter 2017 GAAP net earnings of $4.1 million, or $0.26 per diluted share; Non-GAAP net earnings of $8.0 million, or $0.51 per diluted share.Announced plans to further rationalize manufacturing footprint in Coatings, Sealants and Adhesives segment that will drive annualized savings of $2.5 to $3.0 million.Received Coatings Supplier of the Year award from Trinity Industries.DALLAS, Aug. 15, 2016 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ:... More
