Apogee Reports Significant Fiscal 2015 Q2 Sales, Earnings Growth

Date: 22 September 2014
Source: Apogee Enterprises, Inc.

Date: 22 September 2014

Apogee Enterprises, Inc. (Nasdaq:APOG) today announced fiscal 2015 second-quarter results. Apogee provides distinctive solutions for enclosing commercial buildings and framing art.   FY15 SECOND QUARTER VS.

PRIOR-YEAR PERIOD


  • Revenues of $231.9 million were up 30 percent.


  • Operating income of $15.5 million was up 66 percent.


  • Earnings per share were $0.57, including $0.22 from a tax credit.  - Adjusted EPS, excluding the tax credit, was $0.35, up 67 percent.


  • Backlog of $480.2 million was up 58 percent, or $176 million.


  • Cash and short-term investments were $25.0 million.



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