PGT, Inc. (PGTI) Misses Q3 EPS by 3c

Go back to PGT, Inc. (PGTI) Misses Q3 EPS by 3c

PGTI Reports 2017 Third Quarter and Nine Months Results

November 2, 2017 8:00 AM EDT

VENICE, Fla.--(BUSINESS WIRE)-- PGT Innovations, Inc. (NYSE: PGTI), the leading U.S. manufacturer and supplier of impact-resistant windows and doors, announces financial results for its third quarter and nine months ended September 30, 2017.

Financial Highlights for Third Quarter 2017 versus Third Quarter 2016

Net sales of $126.9 million, a decrease of $2.9 million, or 2 percent;

Gross margin of 31.3 percent, compared to 31.7 percent;

Net income of $6.3 million, compared to $10.8 million;

Net income, as adjusted, of $8.1 million, compared to $9.7 million;

Net income per diluted share of $0.12,... More