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Dec 31, 2019
Beacon Roofing Q1 2020 Earnings Report
Beacon Roofing's first quarter results for 2020 were announced, demonstrating progress on fundamentals with sequential gross margin improvement.
Key Takeaways
Beacon Roofing reported net sales of $1.68 billion, a decrease of 2.7% compared to the previous year. The company's gross margins improved sequentially, and non-residential roofing product sales increased slightly. Net loss was $(23.4) million, while adjusted EBITDA was $94.3 million.
Net sales reached $1.68 billion.
Gross margins improved sequentially by 20 bps to 24.5%.
Net loss was $(23.4) million, while adjusted net income was $28.3 million.
Adjusted EBITDA amounted to $94.3 million.
Beacon Roofing
Beacon Roofing
Beacon Roofing Revenue by Segment
Revenue by Segment
Residential Roofing Products Revenue
CapyFin.comNon-Residential Roofing Products Revenue
CapyFin.comComplementary Bldg Products Revenue
CapyFin.com Forward Guidance
The release contains forward-looking statements about the Company's future expectations, plans and prospects.
Revenue & Expenses
Visualization of income flow from segment revenue to net income