Atkore International Group (ATKR) Misses Q2 EPS by 2c; Tightens Outlook

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Atkore International Group Inc. Announces Second Quarter 2017 Results

May 9, 2017 6:30 AM EDT

Diluted EPS increased to $0.28 from $0.22; Adjusted diluted EPS increased to $0.35 from $0.31; Net income increased $4.9 million to $18.9 million from $14.0 million; Net income margin increased to 5.1% from 4.0%; Adjusted EBITDA Margin of 15.1%; Full-year Adjusted EPS guidance range tightened to $1.55 - $1.65

HARVEY, Ill.--(BUSINESS WIRE)-- Atkore International Group Inc. (the "Company" or "Atkore") (NYSE: ATKR) announced earnings for its fiscal 2017 second quarter ended March 31, 2017 ("second quarter").

"Our second quarter Adjusted EBITDA was in-line with our expectations. Despite continued softness... More