GCP Applied Technologies (GCP) Tops Q3 EPS by 9c

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GCP Applied Technologies Reports Third Quarter 2020 Results

November 6, 2020 6:00 AM EST

3Q20 Net sales $248.4 million down 7%Gross Margin 40.8%, an increase of 140 basis pointsSelling, general and administrative expenses $65.2 million, decreased 2%3Q20 income from continuing operations attributable to GCP shareholders of $99.5 million including the gain on sale of GCP's Cambridge headquarters; Adjusted EBIT* of $35.1 millionNet cash provided by operating activities from continuing operations of $59.3 million for nine months ended September 30, 2020

CAMBRIDGE, Mass., Nov. 06, 2020 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, today announced results for the third quarter of... More