BMC Stock Holdings, Inc. Announces 2017 Third Quarter Results
BMC STOCK HOLDINGS INC (BMCH)
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Source: GlobeNewswire
ATLANTA, Nov. 06, 2017 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq:BMCH) (“BMC” or the “Company”), one of the leading providers of diversified building products and services in the U.S. residential construction market, today announced its financial results for the third quarter ended September 30, 2017. A reconciliation of non-GAAP financial measures to comparable GAAP financial measures is provided in the “Reconciliation of GAAP to Non-GAAP Measures” section of this press release. Third Quarter 2017 Highlights (Comparisons are to Prior Year Period) Increased net sales by 7.3% to $881.0 million, or 8.9% per sales day, including significant growth in Structural Components and Ready-Frame® salesDelivered net income of $18.4 million compared to net income of $9.2 million in the prior year period, which included a pre-tax loss on debt extinguishment of $12.5 millionIncreased Adjusted EBITDA (non-GAAP) to $59.3 million, compared to $58.2 million in the prior year periodRecord
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