Welcome to our dedicated page for Apogee Entr news (Ticker: APOG), a resource for investors and traders seeking the latest updates and insights on Apogee Entr stock.
Apogee Enterprises, Inc. (APOG) delivers innovative glass and aluminum solutions for commercial construction and specialty applications. This news hub provides investors and industry professionals with timely updates on the company's strategic developments, product innovations, and market positioning.
Track official press releases and curated news coverage spanning APOG's core operations in energy-efficient building enclosures, hurricane-resistant glazing systems, and advanced coating technologies. Our repository ensures easy access to critical updates including quarterly earnings, leadership changes, facility expansions, and sustainability initiatives.
Key coverage areas include architectural glass innovations, commercial construction projects, protective glazing systems, and strategic acquisitions like UW Solutions. Stay informed about APOG's engineering advancements in thermal performance, blast protection, and custom fabrication techniques that define modern architectural standards.
Bookmark this page for direct access to Apogee Enterprises' latest corporate announcements, maintaining your awareness of their evolving role in sustainable building solutions and specialty coatings markets. Check regularly for updates that impact long-term value creation in the construction materials sector.
Apogee Enterprises reported strong fiscal Q2 2023 results, with revenue up 14.2% to a record $372.1 million, driven by growth in Architectural Framing Systems and Services. Earnings per diluted share rose to $1.68, benefiting from a $0.62 tax benefit. Adjusted earnings also reached a record at $1.06 per share. The company increased full-year adjusted earnings guidance to $3.75 to $4.05 per share, anticipating 8-10% revenue growth. Despite lower operating cash flow of $27.8 million, Apogee returned $83.9 million to shareholders through buybacks and dividends.
Apogee Enterprises, Inc. (NASDAQ: APOG) is set to report its fiscal 2023 second quarter results on September 20, 2022, before market opens. The financial results will be discussed during a conference call starting at 8:00 a.m. Central Time on the same date. Investors can access the webcast via the company's website. Apogee is a leader in architectural products and services, specializing in high-performance architectural glass and customized framing solutions.
Apogee Enterprises, Inc. (NASDAQ: APOG) has completed an amendment and extension of its senior unsecured credit facility, increasing it to $385 million. The new agreement includes an uncommitted accordion feature for an additional $200 million borrowing capacity and will mature in 2027. Apogee will use this facility to repay its $150 million senior unsecured term loan. CEO Ty R. Silberhorn stated the revised credit facility offers lower borrowing costs and greater flexibility to support the company's strategic direction.
Apogee Enterprises, Inc. (NASDAQ: APOG) announced the resignation of Chief Financial Officer, Nisheet Gupta, effective August 1, 2022. Mr. Gupta is leaving to pursue an opportunity outside the industry. Mark Augdahl, Vice President of Finance for the Architectural Glass segment, has been appointed as interim CFO. CEO Ty R. Silberhorn expressed gratitude for Gupta's contributions, especially during the pandemic, while emphasizing Augdahl's industry expertise during the search for a permanent CFO.
Apogee Enterprises (Nasdaq: APOG) has declared a quarterly cash dividend of
Apogee Enterprises reported a strong fiscal 2023 first quarter, with revenue growing 9.4% to $356.6 million compared to $326.0 million in the prior year. Earnings per diluted share reached $1.00, up from $0.42, driven by improved profitability in its Architectural Framing Systems and Architectural Glass segments. The company increased its full-year adjusted earnings guidance to $3.50 to $3.90 per diluted share, citing strong operational execution despite ongoing cost inflation and supply chain challenges.
Apogee Enterprises, Inc. (Nasdaq: APOG) is set to report its fiscal 2023 first quarter results on June 23, 2022, before market opening. The company's detailed financial results will be discussed in a conference call starting at 8:00 a.m. Central Time on the same date. Investors can access the webcast through the company's website, with a replay available for those unable to attend live. Apogee is a leading provider of architectural products and services, specializing in high-performance glass and framing solutions.
Apogee Enterprises, Inc. (Nasdaq: APOG) has declared a quarterly cash dividend of $0.22 per share, set to be paid on May 25, 2022. Shareholders on record by the close of business on May 10, 2022 will be eligible for this dividend. Apogee is a leader in providing architectural products and services, including high-performance glass and integrated project management for building enclosures. For more details, visit www.apog.com.
Apogee Enterprises reported a 6.3% increase in fourth-quarter revenue to $328 million, driven by growth in Architectural Services and Framing Systems. Despite a net loss of $(0.67) per diluted share due to a $49.5 million impairment charge, adjusted earnings rose 44% to $0.91 per diluted share. Full-year revenue grew 7% to $1.31 billion. The company announced guidance for fiscal 2023, predicting adjusted earnings between $2.90 and $3.30 per diluted share.
Apogee Enterprises, Inc. (Nasdaq: APOG) is set to report its fiscal 2022 fourth quarter and full-year results on April 7, 2022, before market opening. A conference call discussing the financial results will commence at 8:00 a.m. Central Time on the same day, which will be available for live webcast via the company's website. Apogee, headquartered in Minneapolis, MN, specializes in architectural products and services, including high-performance architectural glass and integrated project management.
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