Griffon Corp (GFF) Tops Q2 EPS by 18c

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Griffon Corporation Announces Second Quarter Results

April 29, 2021 4:07 PM EDT

NEW YORK--(BUSINESS WIRE)-- Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the second quarter of fiscal 2021 ended March 31, 2021.

Consolidated revenue for the second quarter totaled $634.8 million, a 12% increase compared to the prior year quarter revenue of $566.4 million.

Net income totaled $17.1 million, or $0.32 per share, compared to $0.9 million, or $0.02 per share, in the prior year quarter. Current year adjusted net income was $25.4 million, or $0.48 per share, compared to $10.1 million, or $0.23 per share, in the prior year quarter, a 109% increase (see reconciliation of Net income to Adjusted net income for... More