Griffon Corp (GFF) Misses Q4 EPS by 5c
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November 16, 2021 8:04 AM EST
NEW YORK--(BUSINESS WIRE)--
Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fiscal year and fourth quarter ended September 30, 2021.
On September 27, 2021, Griffon announced it is exploring strategic alternatives, including a sale, for its Defense Electronics ("DE") segment, which conducts its operations through Telephonics Corporation ("Telephonics"). As a result, Griffon classified Telephonics as a discontinued operation in the Consolidated Statements of Operations for all periods presented and classified the related assets and liabilities associated with the discontinued operation as held for sale in the Consolidated Balance Sheets.
Revenue for Fiscal 2021... More
