Griffon Corp (GFF) Tops Q2 EPS by 4c

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Griffon Corporation Announces Second Quarter Results

April 28, 2020 4:05 PM EDT

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fiscal second quarter ended March 31, 2020.

Consolidated revenue of $566.4 million increased 3% compared to the prior year quarter revenue of $549.6 million.

Income from continuing operations totaled $0.9 million, or $0.02 per share, compared to $6.5 million, or $0.15 per share, in the prior year quarter. Current year results included loss from debt extinguishment of $6.7 million ($5.2 million, net of tax, or $0.12 per share), restructuring charges of $3.1 million ($3.0 million, net of tax, or $0.07 per share), acquisition costs of $3.0 million ($2.3 million, net of tax, or... More