Installed Building Products (IBP) Reports In-Line Q1 EPS
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Installed Building Products Reports Results for First Quarter 2019
May 2, 2019 7:00 AM EDTCOLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc.(the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the first quarter ended March 31, 2019.
First Quarter 2019 Highlights (year-over-year)
Net revenue increased 13.4% to $342.1 million Net income increased 38.2% to $8.8 million Adjusted EBITDA* increased 13.5% to $35.7 million Net cash provided by operating activities increased 161.1% to $15.9 million Net income per diluted share increased 50.0% to $0.30 Adjusted net income per diluted share* increased 13.3%... More