NCI Building Systems (NCS) Tops Q3 EPS by 4c, Comments on Outlook
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NCI Building Systems Reports Strong Third Fiscal Quarter 2016 Results
August 30, 2016 4:15 PM EDTHOUSTON, Aug. 30, 2016 /PRNewswire/ -- NCI Building Systems, Inc. (NYSE: NCS) ("NCI" or the "Company") today reported financial results for its third fiscal quarter ended July 31, 2016.
Third Quarter 2016 Financial and Operational Highlights:
Sales rose 9.9% to $462.4 million, compared to $420.8 million in last year's third quarter, on an 11.6% improvement in underlying tonnage volumes Gross profit increased 27.1% to $128.0 million year-over-year and gross margin expanded 380 basis points to 27.7% Net income increased 229.0% to $23.6 million from $7.2 million in last year's third quarter Net income per diluted common share was $0.32,... More