Installed Building Products (IBP) Tops Q4 EPS by 5c, Revenues Beat
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Installed Building Products Reports Record Results for Fourth Quarter and Fiscal Year 2019
February 27, 2020 7:00 AM EST
Annual Revenue Increased 13.1% to a Record $1.5 Billion
Annual Diluted EPS Increased 30.3% to a Record $2.28 per share
Cash Flow from Operations Increased 27.4% to a Record $123.1 Million
Completed Eight Acquisitions Representing Approximately $64 Million of Annual Revenues
COLUMBUS, 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 record results for the fourth quarter and fiscal year ended December 31, 2019.
Fourth Quarter 2019 Highlights (Comparisons are to Prior Year Period)
Net revenue... More