Griffon Corp (GFF) Misses Q3 EPS by 8c
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Griffon Corporation Announces Third Quarter Results
August 2, 2017 4:06 PM EDTNEW YORK--(BUSINESS WIRE)-- Griffon Corporation (NYSE: GFF) (the Company or Griffon) today reported results for the third fiscal quarter ended June 30, 2017.
Revenue was $473.3 million, an increase of 2% from the prior year quarter. Home & Building Products (HBP) revenue increased 8%, Clopay Plastics Products Company (PPC) revenue remained consistent with the prior year quarter and Telephonics Corporation ("Telephonics") revenue decreased 11% compared to the prior year quarter.
Net income was $9.6 million, or $0.22 per share, compared to $7.6 million, or $0.18 per share, in the prior year quarter. Current quarter results included a $2.2 million, or $0.05 per share, net benefit for... More
