GMS Inc. (GMS) Misses Q2 EPS by 4c, Revenues Beat

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GMS Reports Results for Second Quarter 2019

December 4, 2018 6:00 AM EST

Second Quarter Net Sales Increased 28.7% to a Record $833.8 Million

Second Quarter Net Income Improved by 38.2% to $24.9 Million

Second Quarter Adjusted EBITDA Increased by 60.7% to a Record $87.1 Million

Announces Authorization of $75 Million Stock Repurchase Program

TUCKER, Ga.--(BUSINESS WIRE)-- GMS Inc. (NYSE: GMS), a leading North American distributor of wallboard and suspended ceilings systems, today reported financial results for the second quarter of fiscal 2019 ended October 31, 2018.

Net sales for the fiscal second quarter endedOctober 31, 2018 increased 28.7% toa record $833.8 millionfrom$648.0... More