CSW Industrials, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 01, 2024 at 06:26 am EST
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CSW Industrials, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 174.97 million compared to USD 171.09 million a year ago. Net income was USD 9.22 million compared to USD 15.6 million a year ago.
For the nine months, sales was USD 581.98 million compared to USD 562.22 million a year ago. Net income was USD 69.89 million compared to USD 69.37 million a year ago.
CSW Industrials, Inc. is a diversified industrial company with operations in three segments, namely Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance enhancing products for residential and commercial heating, ventilation, air conditioning and refrigeration and plumbing applications, which are designed for professional end use customers. Its brands include Balco, Balco IllumiTread, Balco MetaflexPro and BlazeSeal. The Engineered Building Solutions segment provides primarily code-driven, life-safety products that are engineered to provide solutions for the construction, refurbishment and modernization of commercial, institutional and multi-family residential buildings. The Specialized Reliability Solutions segment manufactures and supplies specialized consumables that impart or enhance properties, such as lubricity, anti-seize qualities, friction, sealing, and heat control.
CSW INDUSTRIALS, INC. 
