The AZEK Company Inc. (AZEK) Misses Q1 EPS by 5c
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The AZEK Company Announces First Quarter Fiscal 2022 Financial Results
February 3, 2022 7:30 AM ESTCapacity Coming Online and Improved Service Levels Drive Strong Start to Year; Successful Early Buy Strengthens AZEKs Position Heading into Selling Season; Entered High Growth Adjacency with StruXure Acquisition
FIRST QUARTER FISCAL 2022 HIGHLIGHTS
Consolidated net sales increased 22.3% year over year to $259.7 million Residential segment net sales increased 19.1% year over year to $221.1 million Net income increased by $6.6 million year over year to $16.7 million Adjusted EBITDA increased $10.1 million year over year to $58.5 millionOUTLOOK HIGHLIGHTS
Increasing Fiscal 2022 Net Sales and Adjusted EBITDA Outlook, inclusive of recent acquisitions;... More