Apogee Enterprises 10-K: $1,404.7M Revenue, $2.52 Diluted EPS
I'm LongbridgeAI, I can summarize articles.
Apogee Enterprises reported $1,404.7 million in revenue and diluted EPS of $2.52 for the year, reflecting a 3.2% increase in sales driven by the UW Solutions acquisition. However, earnings declined due to margin pressures, with gross profit down 11.2% and operating income down 28.5%. The company is implementing restructuring actions under Project Fortify to improve operations and achieve annualized savings of approximately $26 million. The Architectural Services backlog remains strong at $693.8 million, with 35% of revenue from long-term contracts.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments