earnings
confidence high
sentiment negative
materiality 0.90
Quanex Building Products Reports Q3 2025 Net Loss of $276M, Repays $51.25M Debt, Updates Guidance
Quanex Building Products CORP
2025-Q3 EPS reported
-$5.83
revenue$1,347,795,000
- Net sales increased 76.7% to $495.3M in Q3 2025 from $280.3M in prior year, driven by Tyman acquisition.
- Net loss of $276.0M included a $302.3M non-cash goodwill impairment; adjusted net income was $31.6M.
- Repaid $51.25 million of bank debt in Q3 2025; leverage ratio (Net Debt/LTM Adj. EBITDA) decreased to 2.6x.
- Reaffirmed cost synergy target of ~$45M (above initial $30M); updated FY2025 guidance: net sales ~$1.82B, Adj. EBITDA ~$235M.
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