---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-005513"
form_type: "8-K"
ticker: "NX"
cik: "0001423221"
company_name: "Quanex Building Products CORP"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:06:59.346196+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Quanex reports record Q3 earnings; raises FY Adjusted EBITDA guidance to $150-155M

## Summary
- Q3 net sales $299.6M (-7.5% YoY); gross margin expanded to 26.2% from 22.4%.
- Diluted EPS $0.96 vs $0.78 YoY; Adjusted EBITDA $48.5M (16.2% margin).
- Repaid $25M in bank debt; leverage ratio improved to 0.3x net debt/LTM Adj. EBITDA.
- FY 2023 net sales guidance ~$1.125B (lower end); Adj. EBITDA guidance raised to $150-155M.
- Management cites improving demand and operational efficiency across all segments.

## SEC filing metadata
- accession: 0001171843-23-005513
- form_type: 8-K
- ticker: NX
- cik: 0001423221
- company_name: Quanex Building Products CORP
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423221/000117184323005513/0001171843-23-005513-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423221/000117184323005513/f8k_083123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-005513
- JSON: https://secwatch.observer/filing/0001171843-23-005513.json
- Plain text: https://secwatch.observer/filing/0001171843-23-005513.txt

## Key facts
- Earnings Releases
  Quanex Building Products CORP reported three months ended July 31, 2023 results: revenue $299.6 million, net income $31.7 million, EPS $0.96 per diluted share. Guidance raised.
  - Period: three months ended July 31, 2023
  - Revenue: $299.6 million
  - Net income: $31.7 million
  - EPS: $0.96 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: The Company reported net sales of $299.6 million during the three months ended July 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423221/000117184323005513/0001171843-23-005513-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.