Griffon Corp (GFF) Tops Q3 EPS by 36c

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Griffon Corporation Announces Third Quarter Results

July 30, 2020 4:07 PM EDT

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fiscal third quarter ended June 30, 2020.

Consolidated revenue for the third quarter of $632.1 million increased 10% compared to the prior year quarter revenue of $575.0 million.

Income from continuing operations for the third quarter totaled $21.8 million, or $0.50 per share, compared to $14.1 million, or $0.33 per share, in the prior year quarter. Current year third quarter results included a loss from debt extinguishment of $1.2 million ($1.0 million, net of tax, or $0.02 per share), restructuring charges of $1.6 million ($1.2 million, net of tax, or... More