Ply Gem Holdings (PGEM) Misses Q4 EPS by 2c

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Ply Gem Reports Fourth Quarter 2017 Results

March 5, 2018 7:00 AM EST

Net sales increased 11.8% to $516.9 million for the fourth quarter. Net income increased 118.7% to $14.6 million for the fourth quarter. Adjusted EBITDA increased 13.7% to $51.0 million for the fourth quarter. Leverage ratio improved to 3.4x for the year ended December 31, 2017 compared to 3.7x for the comparable 2016 period reflecting $40.0 million in voluntary Term Loan Facility payments made during the fourth quarter of 2017.

CARY, N.C.--(BUSINESS WIRE)-- Ply Gem Holdings, Inc. (Ply Gem or the Company) (NYSE: PGEM), a leading manufacturer of exterior... More