Griffon Corp (GFF) Tops Q1 EPS by 3c
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January 31, 2023 8:32 AM EST
NEW YORK--(BUSINESS WIRE)--
Griffon Corporation (Griffon or the Company) (NYSE: GFF) today reported results for the fiscal 2023 first quarter ended December 31, 2022.
Revenue for the first quarter totaled $649.4 million, a 10% increase compared to $591.7 million in the prior year quarter. Excluding the Hunter acquisition, Revenue increased 1% to $595.3 million. Hunter contributed $54.1 million.
Income from continuing operations totaled $48.7 million, or $0.88 per share, compared to $16.7 million, or $0.31 per share, in the prior year quarter. Current year first quarter Adjusted income from continuing operations was $47.4 million, or $0.86 per share, compared to $20.9 million, or $0.39 per share, in the prior... More
