Quanex reports Q4 net loss of $13.9M on Tyman acquisition integration; adj EPS $0.61 vs $0.95 YoY

Quanex Building Products CORP

2024-FY EPS reported $0.90 revenue$1,277,862,000

Net sales $492.2M, +66.6% YoY; Tyman contributed $203.4M in Q4.
GAAP net loss of $13.9M (diluted EPS -$0.30) vs net income of $27.4M in prior Q4.
Adjusted net income $28.6M, adjusted diluted EPS $0.61 vs $0.95 in Q4 2023.
Full-year adjusted EBITDA $182.4M; $53.75M in debt repaid since Tyman closing on Aug 1, 2024.
Investor & Analyst Day scheduled for Feb 6, 2025; guidance for 2025 to be provided.

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