The AZEK Company Inc. (AZEK) Tops Q3 EPS by 3c
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The AZEK Company Announces Strong Third Quarter Fiscal Year 2021 Financial Results
August 12, 2021 7:30 AM EDTContinued Strong Sales Growth and Demand Environment; Phase 2 of Capacity Expansion Program Completed; Raising Full-Year Fiscal 2021 Consolidated Net Sales and Adjusted EBITDA Outlook
THIRD QUARTER FISCAL 2021 HIGHLIGHTS
Consolidated net sales increased 46.4% year-over-year to $327.5 million Residential segment net sales increased 51.2% year-over-year to $291.2 million Net income increased by $73.9 million year-over-year to $21.8 million; Net Margin expanded to 6.6% from (23.3%) GAAP earnings per share increased by $0.58 year-over-year to $0.14 per share; Adjusted Diluted EPS increased by $0.21 year-over-year to $0.26 per share Adjusted EBITDA increased $14.9 million year-over-year to $72.7 millionOUTLOOK HIGHLIGHTS... More
