Gibraltar Q2 revenue up 37% to $348M, EPS $0.80, backlog record >$400M, reaffirms FY guidance

GIBRALTAR INDUSTRIES, INC.

2021-Q2 EPS reported $1.17 revenue$635,981,000

Revenue $348.4M (+36.5% YoY), organic growth 14%, aided by TerraSmart and Sunfig acquisitions.
GAAP diluted EPS $0.80 (+8% YoY); adjusted EPS $0.80 (+7%).
Record order backlog exceeds $400M, led by Renewables segment backlog up 54% proforma to $218M.
Renewables segment revenue surged 92.5% to $107.8M; adjusted operating margin 11.3% (down 380bps).
FY2021 guidance reaffirmed: revenue $1.3-1.35B, GAAP EPS $2.78-2.95, adjusted EPS $3.30-3.47.

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