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Stock impact report

TopBuild Reports Second Quarter 2022 Results

TopBuild Corp. (BLD) 
NASDAQ:AMEX Investor Relations: topbuild.com/investors/overview/default.aspx
Company Research Source: GlobeNewswire
Sales increase 52.7% to $1.3 billion, same branch revenue increases 20.7%Net income increases 59.0% to $143.7 million, and 57.5% on an adjusted basisAdjusted EBITDA margin expands 100 basis points to 19.0%, 19.9% on a same branch basis, up 190 basis points DAYTONA BEACH, Fla., Aug. 02, 2022 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada today reported results for the second quarter ended June 30, 2022. Robert Buck, President and Chief Executive Officer, stated “We are pleased to report another quarter of strong financial results. Our unique business model combining both installation and specialty distribution, a key differentiator and critical component of our success, should enable us to outperform in any environment. “We also continue to make great progress in the integration of DI and are ahead of schedule to achieve th Show less Read more
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