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Dec 31, 2019
Griffon Q1 2020 Earnings Report
Griffon's first quarter of 2020 resulted in increased revenue and net income compared to the prior year quarter.
Key Takeaways
Griffon Corporation reported a 7% increase in consolidated revenue, reaching $548.4 million, and a rise in net income to $10.6 million, or $0.24 per share. Adjusted income increased by 64% to $15.6 million, or $0.36 per share, and Adjusted EBITDA increased by 22% to $55.2 million.
Consolidated revenue increased by 7% to $548.4 million.
Net income increased to $10.6 million, or $0.24 per share.
Adjusted income rose by 64% to $15.6 million, or $0.36 per share.
Adjusted EBITDA increased by 22% to $55.2 million.
Griffon
Griffon
Griffon Revenue by Segment
Revenue by Segment
Home and Building Products Revenue
CapyFin.comConsumer and Professional Products Revenue
CapyFin.com Forward Guidance
Griffon is confident that their optimization initiatives are positioning the company for future growth through the balance of fiscal 2020 and beyond.
Revenue & Expenses
Visualization of income flow from segment revenue to net income