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Aug 27, 2022
Apogee Enterprises Q2 2023 Earnings Report
Apogee Enterprises reported record second quarter results with revenue growth and increased earnings.
Key Takeaways
Apogee Enterprises reported a strong second quarter, with revenue up 14.2% to a record $372.1 million. Earnings per diluted share increased to $1.68, and adjusted earnings reached a record $1.06 per diluted share. The company raised its full-year adjusted earnings guidance to $3.75 to $4.05 per diluted share.
Second-quarter revenue grew 14 percent, to a record $372 million.
Second-quarter earnings increased to $1.68 per diluted share, which includes a tax benefit of $0.62 per share.
Adjusted earnings increased to record $1.06 per diluted share.
Full year adjusted earnings guidance increased to a range of $3.75 to $4.05 per diluted share
Revenue by Segment
Forward Guidance
Apogee Enterprises raised its guidance for full-year adjusted earnings to a range of $3.75 to $4.05 per diluted share and expects full year revenue growth of 8 to 10 percent.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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