Ply Gem Holdings (PGEM) Tops Q2 EPS by 8c
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Ply Gem Reports Second Quarter 2016 Results
August 8, 2016 7:00 AM EDTNet income increased 37.1% to $41.6 million for the second quarter. Adjusted EBITDA increased to $76.9 million or 23.0% for the second quarter achieving a record LTM Adjusted EBITDA of $221.4 million.
CARY, N.C.--(BUSINESS WIRE)-- Ply Gem Holdings, Inc. (Ply Gem or the Company) (NYSE: PGEM), a leading manufacturer of exterior building products in North America, today announced financial results for the quarter ended July 2, 2016.
Second Quarter 2016 Results:
Total net sales for the second quarter increased 1.6% to $510.5 million.... More