Forterra (FRTA) Tops Q2 EPS by 3c, Revenues Miss

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Go back to Forterra (FRTA) Tops Q2 EPS by 3c, Revenues Miss

Forterra Announces Second Quarter 2018 Results

August 8, 2018 6:00 AM EDT

Second Quarter Highlights

Higher Income from operations, EBITDA and Adjusted EBITDA1 in the Drainage segment due to higher selling prices and mitigation of inflationary cost pressuresLower Corporate costs as a result of reduced consulting spend and continued cost savings initiativesNet income of $7.0 million and Adjusted EBITDA of $57.6 million

IRVING, Texas, Aug. 08, 2018 (GLOBE NEWSWIRE) --  Forterra, Inc. (Forterra or the Company) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United... More