Gibraltar Industries, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023 at 07:38 am EDT
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Gibraltar Industries, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 364.91 million compared to USD 366.95 million a year ago. Net income was USD 30.72 million compared to USD 29.31 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.9 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.9 a year ago.
For the six months, sales was USD 658.18 million compared to USD 684.81 million a year ago. Net income was USD 51.82 million compared to USD 44.76 million a year ago. Basic earnings per share from continuing operations was USD 1.69 compared to USD 1.37 a year ago. Diluted earnings per share from continuing operations was USD 1.68 compared to USD 1.36 a year ago.
Gibraltar Industries, Inc. is a manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. The Companyâs segments include Renewables, Residential, Agtech, and Infrastructure. The Renewables segment is engaged in designing, engineering, manufacturing and installation of solar racking and electrical balance of systems. The Residential segment includes products, such as roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions, retractable awnings and gutter guards, and rain dispersion, trims and flashings, other accessories. The Agtech segment provides products and services, including the designing, engineering, manufacturing, construction, maintenance and support of greenhouses and indoor growing operations. The Infrastructure segment provides engineered solutions for bridges, highways and airfields, including structural bearings, expansion joints, and others.
GIBRALTAR INDUSTRIES, INC. 
