earnings
confidence high
sentiment neutral
materiality 0.70
Quanex Q1 fiscal 2025 net loss $14.9M, reaffirms FY2025 sales guidance $1.84-1.86B
Quanex Building Products CORP
2025-Q1 EPS reported
-$0.32
revenue$400,044,000
- Net sales $400.0M, up 67.3% YoY due to Tyman acquisition; organic sales down 6.2% ex-Tyman.
- Net loss $14.9M (diluted EPS -$0.32) vs net income $6.2M ($0.19) a year ago.
- Adjusted net income $9.0M, adjusted diluted EPS $0.19 vs $0.25 prior year.
- Reaffirmed FY2025 guidance: sales $1.84-1.86B, Adj EBITDA $270-280M; $65M debt repaid since Aug 1, 2024.
- Repurchased 150,000 shares for $3.7M; $59.1M remaining under $75M buyback authorization.