Installed Building Products (IBP) Misses Q2 EPS by 3c, Revenues Miss

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Installed Building Products Reports Results for Second Quarter 2018

August 2, 2018 7:00 AM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today results for the second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Net revenue increased 17.9% to a record $332.6 million Net income increased 36.3% to a record $16.3 million Adjusted EBITDA* increased 16.2% to a record $45.6 million Net income per diluted share increased 36.8% to $0.52 Adjusted net income per diluted share*... More