Quanex reports record FY2022 revenue of $1.22B, EPS $2.66; repays $25M debt

Quanex Building Products CORP

2022-FY EPS reported $2.66 revenue$1,221,502,000

Q4 net sales $307.5M (+5.4% YoY); FY net sales $1.22B (+13.9% YoY).
Q4 diluted EPS $0.75; FY diluted EPS $2.66; adjusted FY EPS $2.68.
Q4 free cash flow $34.5M; FY free cash flow $64.8M. Repaid $25M bank debt.
Net debt to LTM Adjusted EBITDA improved to (0.2x), net debt free.
Acquired LMI Custom Mixing assets on Nov 1 for $92M cash; guidance withheld until Q1 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Quanex Building Products CORP reported Twelve months ended October 31, 2022 results: revenue $1,221.5, net income $88.3, EPS $2.66.

Period: Twelve months ended October 31, 2022
Revenue: $1,221.5
Net income: $88.3
EPS: $2.66
Result: reported results

Exact text from the filing

Net Sales $307.5 $291.8 $1,221.5 $1,072.1 Gross Margin $67.5 $65.0 $268.5 $240.6 Gross Margin % 21.9 % 22.3 % 22.0 % 22.4 % Net Income $24.7 $20.9 $88.3 $57.0 Diluted EPS $0.75 $0.62 $2.66 $1.70

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Quanex Building Products CORP reported Three months ended October 31, 2022 results: revenue $307.5, net income $24.7, EPS $0.75.

Period: Three months ended October 31, 2022
Revenue: $307.5
Net income: $24.7
EPS: $0.75
Result: reported results

Exact text from the filing

Net Sales $307.5 $291.8 $1,221.5 $1,072.1 Gross Margin $67.5 $65.0 $268.5 $240.6 Gross Margin % 21.9 % 22.3 % 22.0 % 22.4 % Net Income $24.7 $20.9 $88.3 $57.0 Diluted EPS $0.75 $0.62 $2.66 $1.70

View on SEC.gov

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Source: SEC EDGAR

accession 0001171843-22-008077

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