Gibraltar Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 07:39 am EDT
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Gibraltar Industries, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 390.74 million compared to USD 391.29 million a year ago. Net income was USD 39.28 million compared to USD 34.3 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 1.08 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 1.08 a year ago.
For the nine months, sales was USD 1,048.93 million compared to USD 1,076.11 million a year ago. Net income was USD 91.1 million compared to USD 79.06 million a year ago. Basic earnings per share from continuing operations was USD 2.97 compared to USD 2.44 a year ago. Diluted earnings per share from continuing operations was USD 2.96 compared to USD 2.43 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. 
