Atkore Inc. reports developments for a manufacturer of electrical infrastructure products, including conduit, cable, installation accessories, metal framing and cable-management solutions. Its products serve commercial, industrial, data center, telecommunications, solar, non-residential construction and renovation markets through contractors, electrical wholesalers, OEMs and end users.
Atkore news commonly covers quarterly results, volume trends, productivity initiatives, Adjusted EBITDA, dividends, investor presentations and conference participation. Updates also reflect portfolio management, including completed divestitures of HDPE pipe and conduit, surface protection and powder coating operations in Belgium, and the Tectron mechanical tube product line, as well as disclosures related to litigation settlements.
Atkore Inc. (NYSE: ATKR), a leading manufacturer of electrical products for various applications, has announced the release date for its Third Quarter Fiscal Year 2024 earnings. The results will be disclosed before the market opens on Tuesday, August 6, 2024, followed by a conference call at 8:00 a.m. (ET) the same day. Investors can join the call using the provided dial-in numbers and conference ID. A webcast of the live conference call will be available on the company's Investor Relations website, with an online replay accessible after the call. Additionally, a telephonic replay will be available until August 20, 2024.
Atkore announced the publication of Environmental Product Declarations (EPDs) for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings portfolios. Verified by an independent third party, these EPDs assess environmental impacts like greenhouse gas emissions, energy use, water consumption, and waste generation. CEO Bill Waltz highlighted Atkore's commitment to sustainability and its leadership in the electrical industry. EPDs help customers make informed decisions, support Scope 3 carbon calculations, and contribute to green building certifications. Recognized by Newsweek and USA Today for sustainability, Atkore will continue publishing EPDs to add value to customers.
Atkore Inc. announced second quarter 2024 results, with net sales of $792.9 million, down 11.5% from the prior year. Net income per diluted share decreased by $0.64 to $3.67, while adjusted net income per diluted share decreased by $0.79 to $4.08. Full-year Adjusted EBITDA outlook is $850 - $900 million. The company declared a quarterly cash dividend of $0.32 per share.
Atkore Inc., a leading manufacturer of electrical products, declared a quarterly cash dividend of $0.32 per share of common stock. The dividend is payable on May 31, 2024, to stockholders of record on May 21, 2024.
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