The AZEK Company Inc. (AZEK) Tops Q2 EPS by 3c

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The AZEK Company Announces Second Quarter Fiscal 2022 Financial Results

May 10, 2022 7:30 AM EDT

Strong Sales Growth and Continued Momentum; Raising Midpoint of Fiscal 2022 Net Sales Growth Outlook; Company Announces $400 Million Share Repurchase Program

SECOND QUARTER FISCAL 2022 HIGHLIGHTS

Consolidated net sales increased 35.2% year over year to $396.3 million Residential segment net sales increased 33.6% year over year to $350.4 million Net income increased 58.2% year over year to $35.8 million Adjusted Net Income increased 29.0% year over year to $50.8 million EPS increased 64.3% year over year to $0.23 Adjusted Diluted EPS increased 32.0% year over year to $0.33 Adjusted EBITDA increased 27.1% year over year to $90.9 million

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