Simpson Manufacturing Co., Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:26 pm EDT
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Simpson Manufacturing Co., Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 347.642 million compared to USD 283.668 million a year ago. Operating income was USD 68.383 million compared to USD 49.350 million a year ago. Net income was USD 50.387 million compared to USD 36.826 million a year ago. Basic earnings per share from continuing operations was USD 1.16 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 1.16 compared to USD 0.83 a year ago.
Simpson Manufacturing Co., Inc., through its subsidiary, Simpson Strong-Tie Company Inc. designs, engineers and manufactures structural solutions for wood, concrete, and steel connections. Its wood construction products include connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products. Its wood construction products are used in light-frame building applications. Its concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, fiber reinforced materials and other repair products used for protection and strengthening structures. Its concrete construction products are used in concrete, masonry and steel construction. It markets its products to the residential construction, light industrial and commercial construction, remodeling and do-it-yourself markets. It also operates as designer and manufacturer and distributor of fixing and fastening solutions for the European building and construction market.
SIMPSON MANUFACTURING CO., INC. 
