JELD-WEN Holding, Inc. (JELD) Tops Q2 EPS by 27c, Revenues Beat
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JELD-WEN Announces Second Quarter 2020 Margin Expansion From Strong Price Realization and Improved Operational Performance
August 4, 2020 6:00 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three and six months ended June 27, 2020, including second quarter net revenue of $992.3 million, net income of $23.1 million, adjusted EBITDA of $125.7 million, earnings per share ("EPS") of $0.23, and adjusted EPS of $0.47.
Second Quarter 2020 Highlights
Adjusted EBITDA margin increased 130 basis points to 12.7%, despite impact from COVID-19 pandemic Price realization improved sequentially and year-over-year Structurally reduced costs through JEM deployment and ongoing footprint initiatives Free cash flow improved $12.4 million year-over-year Balance... More