Quanex Building Products reports a 66.6% rise in Q3 sales to $492.2M, despite a Q4 net loss.

Quanex Building Products Corp. reported a 66.6% increase in third-quarter sales to $492.2 million, driven by the Tyman acquisition. Despite a Q4 net loss of $13.92 million, adjusted earnings per share were $0.61, up from $0.53. The company highlighted progress on integrating Tyman and expects demand to improve by 2025. Quanex plans an Investor Day on Feb. 6 to detail its growth strategy.

3 months ago
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