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Mar 31, 2022
Griffon Q2 2022 Earnings Report
Griffon reported strong second-quarter results driven by strategic planning and business resilience.
Key Takeaways
Griffon Corporation reported a 36% increase in revenue to $779.6 million for the second quarter of fiscal 2022. Income from continuing operations was $58.6 million, or $1.10 per share, compared to $18.1 million, or $0.34 per share, in the prior year quarter. Adjusted EBITDA from continuing operations increased 113% to $139.6 million.
Second quarter revenue totaled $779.6 million, a 36% increase compared to the prior year quarter.
Income from continuing operations totaled $58.6 million, or $1.10 per share.
Adjusted income from continuing operations was $73.1 million, or $1.37 per share.
Adjusted EBITDA from continuing operations increased 113% to $139.6 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 expects to continue to deliver strong results and build on our momentum.
Revenue & Expenses
Visualization of income flow from segment revenue to net income