GMS Inc. (GMS) Reports In-Line Q1 EPS

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GMS Reports Results for First Quarter of Fiscal 2017

September 13, 2016 7:00 AM EDT

- Net Sales Increased 21.5% -

- Net Income Grew to $9.2 Million -

- Adjusted EBITDA Rose 34.7% to $45.9 Million -

TUCKER, Ga.--(BUSINESS WIRE)-- GMS Inc. (NYSE: GMS), a leading North American distributor of wallboard and suspended ceilings systems, today reported financial results for the first quarter of fiscal 2017 ended July 31, 2016.

First Quarter Fiscal 2017 Highlights Compared to First Quarter Fiscal 2016

Net sales increased 21.5% to $549.8 million; base business net sales up 9.2% despite one fewer shipping day Wallboard... More