NCI Building Systems Reports First Quarter 2019 Results
NCI BUILDING SYSTEMS (NCS)
Last nci building systems earnings: 12/19 07:00 am
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US:NYSE Investor Relations:
ncibuildingsystems.com/investors.html
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Source: PR Newswire
CARY, N.C., May 8, 2019 /PRNewswire/ -- NCI Building Systems, Inc. (NYSE: NCS) ("NCI" or the "Company"), the largest manufacturer of exterior building products in North America, today reported financial results for the quarter ended March 30, 2019. On April 11, 2019, the Company announced it will change its name to Cornerstone Building Brands, Inc. and trade under the ticker symbol "CNR" on the New York Stock Exchange, which is expected to become effective following shareholder approval at the Company's annual shareholder meeting being held on May 23, 2019.First Quarter Financial and Operational Highlights:Net sales of $1,064.8 million Gross profit of $185.9 million, or 17.5% of sales Net loss of $60.0 million and adjusted net loss of $35.2 million Adjusted EBITDA of $71.7 million, or 6.7% of net sales"We are pleased to announce our first quarter results following the public release of our new name, Cornerstone Building Brands, which will become effective following the receipt of shar
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