CSW Industrials (CSWI) Reports In-Line Q1 EPS, Revenues Miss

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CSW Industrials Reports Fiscal First Quarter 2019 Results

August 1, 2018 8:00 AM EDT

Highlights

First quarter 2019 revenue from continuing operations of $89.6 million, compared to $89.3 million in the prior year period.First quarter 2019 GAAP operating income of $17.7 million; Non-GAAP operating income of $15.9 million.First quarter 2019 GAAP net earnings from continuing operations of $14.0 million, or $0.88 per diluted share; Non-GAAP net earnings from continuing operations of $12.0 million, or $0.76 per diluted share.Returned $7.3 million to shareholders through share repurchases of 146 thousand shares.The Company completed a sale of assets related to its Coatings business on July 31, 2018.

DALLAS, Aug. 01, 2018 (GLOBE NEWSWIRE) --... More