Cornerstone Building Brands (CNR) Misses Q1 EPS by 95c

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Cornerstone Building Brands Announces First-Quarter 2020 Results

May 12, 2020 4:45 PM EDT

Exceeded expectations and delivered third consecutive quarter of margin expansion in all segments Ample liquidity with $476 million of cash and cash equivalents and no near-term debt maturities Decisive actions taken in response to COVID-19 to ensure safety of employees and business continuity Implemented meaningful initiatives to adjust the Companys cost structure Financial discipline and long-term fundamentals position the Company for a strong recovery

CARY, N.C.--(BUSINESS WIRE)-- Cornerstone Building Brands, Inc. (NYSE: CNR) (the Company), a... More