Forterra (FRTA) Misses Q3 EPS by 22c
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Forterra Announces Third Quarter 2017 Results
November 8, 2017 6:00 AM ESTHigher average selling prices on a sequential quarter basis in both the Drainage and Water segmentsSold the U.S. concrete and steel pressure pipe business for a loss of $31.6 million that contributed to the net loss of $11.5 million for the quarterAdjusted EBITDA of $60.9 million, above the mid-point of the guidance range despite the impact of two major hurricanes Ended the quarter with no outstanding balance on the Revolver
IRVING, Texas, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Forterra, Inc. (Forterra or the "Company) (NASDAQ:... More
