The AZEK Company Inc. (AZEK) Tops Q2 EPS by 4c
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The AZEK Company Announces Second Quarter 2023 Results
May 4, 2023 4:05 PM EDTDelivered Fiscal Second Quarter Financial Performance Ahead of Expectations; Strong Cash Conversion; Company Well Positioned Heading Into Building Season
SECOND QUARTER FISCAL 2023 FINANCIAL HIGHLIGHTS
Consolidated Net Sales of $377.7 million Net Income of $16.3 million; Adjusted Net Income of $27.0 million EPS of $0.11 per share; Adjusted Diluted EPS of $0.18 per share Adjusted EBITDA of $72.8 million Net Cash Provided by Operating Activities of $56.7 million, improving $93.7 million year over year driven primarily by working capital improvements Improved Free Cash Flow by $125.4 million year over year, driven by operational discipline, working capital... More