Installed Building Products (IBP) Tops Q2 EPS by 12c

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Go back to Installed Building Products (IBP) Tops Q2 EPS by 12c

Installed Building Products Reports Record Second Quarter 2021 Results and Declares Regular Quarterly Cash Dividend

August 5, 2021 7:00 AM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the second quarter ended June 30, 2021, and announced that IBPs Board of Directors has approved the Companys third quarter cash dividend.

Second Quarter 2021 Highlights (Comparisons are to Prior Year Period)

Net revenue increased 23.9% to a record $488.1 million Net income increased 46.9% to a record $37.2 million Adjusted EBITDA* increased 23.7% to a record $78.0 million Net income per diluted share increased... More