CSW Industrials (CSWI) Tops Q3 EPS by 5c, Revenues Beat

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Go back to CSW Industrials (CSWI) Tops Q3 EPS by 5c, Revenues Beat

CSW Industrials Reports Fiscal Third Quarter 2019 Results

February 5, 2019 8:01 AM EST

Highlights

Third quarter 2019 revenue from continuing operations of $77.5 million, up 12.3% compared to $69.0 million in the prior year period.Third quarter 2019 GAAP operating income from continuing operations increased 19.0% to $9.4 million or 12.1% of sales, compared to $7.9 million or 11.4% of sales in the prior year period.  Third quarter 2019 GAAP net earnings from continuing operations increased to $6.0 million, or $0.39 per diluted share, compared to $2.6 million or $0.17 per diluted share in the prior year period.Adjusted to apply a normalized tax rate, non-GAAP net earnings from continuing operations increased 37.3% to $7.0 million, or $0.46... More