CSW Industrials (CSWI) Posts Weaker Q2 Results

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CSW Industrials Reports Fiscal Second Quarter 2017 Results

November 11, 2016 8:00 AM EST

Highlights

Second quarter 2017 net revenue of $80.1 million, compared to $83.7 million in the prior year period.Second quarter 2017 GAAP operating income of $7.0 million; Non-GAAP operating income of $11.5 million.Second quarter 2017 GAAP net earnings of $3.8 million, or $0.24 per diluted share; Non-GAAP net earnings of $7.5 million, or $0.48 per diluted share.Board authorized $35 million share repurchase program.

DALLAS, Nov. 11, 2016 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI), a diversified industrial growth company with well-established, scalable platforms and domain expertise across three segments: Industrial Products; Coatings,... More