Foundation Building Materials (FBM) Reports In-Line Q2 EPS

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Go back to Foundation Building Materials (FBM) Reports In-Line Q2 EPS

Foundation Building Materials, Inc. Announces Second Quarter 2018 Results

August 9, 2018 7:00 AM EDT

2018 Second Quarter Highlights

Record net sales of $605.0 million, an increase of 14.3% compared to the prior year period Base business net sales of $546.2 million, an increase of 9.5% compared to the prior year period Net income of $5.4 million, an increase of $4.1 million compared to the prior year period; earnings per share of $0.13 Adjusted net income(1) of $7.6 million and adjusted earnings per share(1) of $0.18 Adjusted EBITDA(1) of $46.3 million, an increase of 14.8% compared to the prior year period; adjusted EBITDA margin(1) of 7.7%... More