JELD-WEN Holding, Inc. (JELD) Tops Q3 EPS by 8c, Revenues Beat
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JELD-WEN Delivers Third Quarter 2020 Revenue Growth and Margin Expansion Through Continued Disciplined Execution in a Challenging Environment
November 3, 2020 6:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three and nine months ended September 26, 2020, including third quarter net revenue of $1,112.9 million, net income of $25.5 million, adjusted EBITDA of $130.7 million, earnings per share ("EPS") of $0.25, adjusted EPS of $0.52, and year-to-date cash flow from operations of $210.6 million. Comparability is to the same period in the prior year, unless otherwise noted.
Third Quarter 2020 Highlights
Net revenue increased by 1.9% to $1,112.9 million, driven by favorable pricing and foreign exchange Adjusted EBITDA increased by 20.0% to $130.7... More