secwatch.observer — SEC 8-K summary
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Issuer:     Installed Building Products, Inc. (IBP)
CIK:        0001580905
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001580905-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBP Q1 record revenue $659M (+12% YoY), EPS $1.74; declares Q2 dividend $0.33
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- Net revenue record $659.3M, up 12.2% YoY; net income $49.3M, +45.7%.
- Adjusted EBITDA record $105.0M (+24.7%); adjusted EPS $2.15 vs $1.54 YoY.
- Q2 regular cash dividend $0.33/share (+5% YoY), payable June 30, 2023.
- Year-to-date acquisitions total ~$46M annual revenue; targeting ≥$100M for FY.
- Multifamily residential same-branch sales up 37.9%; commercial same-branch +22.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000020/0001580905-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000020/ibp-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001580905-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer