Installed Building Products (IBP) Tops Q1 EPS by 10c
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Installed Building Products Reports Results for First Quarter 2016
May 5, 2016 7:01 AM EDTNet Revenue Increased 47.5% to $191.7 Million
Adjusted EBITDA Increased 154.8% to $19.3 Million
Operating Income Increased 254.0% to $10.6 Million
COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today results for the first quarter ended March 31, 2016.
First Quarter 2016 Highlights
Net revenue increased 47.5% to $191.7 million Adjusted EBITDA increased 154.8% to $19.3 million Operating income improved 254.0% to $10.6 million... More