Interface Reports Fourth Quarter 2020 Results

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Go back to Interface Reports Fourth Quarter 2020 Results

Interface (TILE) Tops Q4 EPS by 2c

March 2, 2021 5:50 AM EST

Interface (NASDAQ: TILE) reported Q4 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $277 million versus the consensus estimate of $278.8 million.

Quarterly Highlights:

Strong liquidity of $398 million at quarter end comprised of $103 million in cash and $295 million of availability under the revolving credit facility.Q4 2020 GAAP earnings per share of $0.33; Q4 2020 adjusted earnings per share of $0.27.Cash generated by operating activities of $22 million in Q4 2020.

"We continued to generate solid cash flow during the fourth quarter, despite operating in a... More