JELD-WEN Q3: revenue $1.077B (-5.5%), Adj EBITDA $105.7M, raises FY outlook

JELD-WEN Holding, Inc.

2023-Q3 EPS reported $1.13 revenue$3,283,269,000

Net revenue from continuing ops $1,077.0M, down 5.5% YoY; core revenue down 7% (volume/mix -10%, price +3%).
Adjusted EPS $0.53 vs $0.37 YoY; GAAP EPS $0.20 vs ($0.53) loss.
Adjusted EBITDA $105.7M, up $11.2M YoY; margin 9.8%, +150bps.
Completed Australasia sale for $446M net proceeds; repaid $450M senior notes.
Raising full-year 2023 Adjusted EBITDA guidance midpoint as Q3 beat expectations.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

JELD-WEN Holding, Inc. reported the third quarter ended September 30, 2023 results: revenue $1,077.0 million, net income $16.9 million, EPS $0.20 per share. Guidance raised.

Period: the third quarter ended September 30, 2023
Revenue: $1,077.0 million
Net income: $16.9 million
EPS: $0.20 per share
Guidance: raised
Result: reported results

Exact text from the filing

Net revenue for the three months ended September 30, 2023 decreased ($63.0) million, or (5.5%), to $1,077.0 million, compared to $1,140.0 million for the same period last year. The decrease in net revenue was driven by a (7%) Core Revenue decline composed of lower volume/mix (10%) partially offset by higher price realization of 3%. Net income from continuing operations was $16.9 million in the third quarter, compared to a ($45.1) million net loss in the same period last year, an increase of $62.0 million.

View on SEC.gov

Browse all earnings releases →

JELD-WEN Holding, Inc. filing history →

Source: SEC EDGAR

accession 0001674335-23-000164

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.