JELD-WEN Holding, Inc. (JELD) Misses Q1 EPS by 3c, Revenues Miss; Provides FY19 Business Outlook
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JELD-WEN Announces First Quarter 2019 Results In-Line with Expectations and Updates 2019 Outlook
May 7, 2019 6:00 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three months ended March30, 2019 including net revenues of $1.011 billion, net income of $16.6 million, adjusted EBITDA of $90.6 million, earnings per share ("EPS") of $0.16 and adjusted EPS of $0.23.
Highlights:
Net revenues for the first quarter increased 6.8% year-over-year to $1.011 billion Adjusted EBITDA for the first quarter increased by $2.8 million year-over-year to $90.6 million Cash flow from operations improved $37.3 million year-over-year to a cash use of $28.0 million... More