Atkore International Group (ATKR) Reports Q3 EPS of $0.42
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Atkore International Announces Gross Profit Expansion with its Fiscal 2016 Third Quarter Financial Results
August 2, 2016 6:00 AM EDTNet sales of $396 million; Adjusted net sales increased 2.2% on volume
growth of 5.3%
Gross profit increased by 41.6% to $111 million
Gross margin expanded by 1,000 basis points to 28.2%
Net income increased 8.3% to $21 million, Adjusted net income
increased 34.0% to $26 million
Cash flows from operations increased $55 million to $85 million
year-to-date fiscal 2016
Adjusted EBITDA increased by 44.0% to $67 million
Adjusted
EBITDA margin increased by 490 basis points to 17.0%
Basic and diluted Earnings per Share of $0.33; Adjusted Earnings per
share increased 35.5%... More
