Welcome to our dedicated page for Quanex Build news (Ticker: NX), a resource for investors and traders seeking the latest updates and insights on Quanex Build stock.
Quanex Build (NYSE: NX) delivers engineered components and integrated systems for energy-efficient building products worldwide. This news hub provides investors with essential updates on corporate developments, financial performance, and innovation milestones.
Access timely press releases and analysis covering quarterly earnings, product launches, strategic partnerships, and operational advancements. Our curated collection helps stakeholders track NX's leadership in fenestration technology and OEM supply chain solutions.
Key updates include manufacturing innovations, sustainability initiatives, and market expansion efforts across North American and European operations. Bookmark this page for verified information directly from corporate communications and trusted financial analysis sources.
Quanex Building Products (NYSE:NX) reported its Q1 2025 financial results, highlighting significant growth driven by the Tyman acquisition. Net sales increased 67.3% to $400.0 million, though excluding Tyman's contribution, sales would have declined 6.2%. The company has repaid $65 million in debt since the Tyman acquisition closed on August 1, 2024.
Key financial metrics include a leverage ratio of 3.6x Net Debt to LTM Adjusted EBITDA, with total debt at $764.3 million and liquidity of $301.5 million as of January 31, 2025. The company reaffirmed its fiscal 2025 guidance, projecting net sales of $1.84-1.86 billion and Adjusted EBITDA of $270-280 million.
During Q1, the company repurchased 150,000 shares for approximately $3.7 million at an average price of $24.66 per share, with $59.1 million remaining under the current share repurchase authorization.
Quanex Building Products (NYSE:NX) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend payment of $0.08 per share on its common stock. The dividend will be paid on March 31, 2025, to shareholders who are recorded as stockholders as of March 17, 2025.
Quanex Building Products (NYSE: NX) has scheduled its first quarter 2025 earnings release for March 10, 2025, after the NYSE trading session closes. The company will host a conference call to discuss the results on March 11, 2025, at 11:00 a.m. ET (10:00 a.m. CT).
Investors can access the live audio webcast through the company's website in the Investors section. Participants are encouraged to pre-register for the conference call and dial in ten minutes before the scheduled start time to avoid delays. A replay of the call will be available for a time on Quanex's website.
Quanex Building Products (NYSE:NX) will host an Investor and Analyst Day at the New York Stock Exchange on February 6, 2025, from 9:00 a.m. to 11:00 a.m. ET. The event is open to investors and analysts who must RSVP by January 31, 2025. Interested participants can pre-register through a provided link, and presentation materials along with a live audio webcast will be available on Quanex's website in the Investors section. A replay of the webcast will be accessible after the event.
Quanex Building Products (NYSE:NX) reported its Q4 and full-year 2024 results, highlighting the impact of its recent Tyman acquisition. Q4 net sales increased 66.6% to $492.2 million, while full-year sales rose 13% to $1.28 billion. The company reported a Q4 net loss of $13.9 million (EPS -$0.30) compared to net income of $27.4 million (EPS $0.83) in Q4 2023.
Since closing the Tyman acquisition on August 1, 2024, Quanex has repaid $53.75 million in debt. The company's leverage ratio stands at 3.7x Net Debt to LTM Adjusted EBITDA, with total debt of $776.9 million. Management expects current demand softness to persist until spring 2025, with improvement anticipated in the second half of the year.
Quanex Building Products (NYSE:NX) has announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share on the Company's common stock. The dividend will be payable December 31, 2024, to shareholders of record on December 16, 2024.
Quanex Building Products (NYSE: NX) has scheduled its fourth quarter and full year 2024 earnings release for December 12, 2024 after market close. The company will host a conference call on December 13, 2024, at 11:00 a.m. ET to discuss the results. Investors can access the live audio webcast through Quanex's website in the Investors section. Pre-registration is available for participants, who will receive dial-in details via email. A replay of the call will be available on the company's website.
Quanex Building Products (NYSE:NX) reported its Q3 2024 results and updated full-year guidance. Key highlights include:
- Net sales decreased 6.4% to $280.3 million
- Diluted EPS decreased to $0.77 from $0.96
- Adjusted EBITDA margin declined to 15.0% from 16.2%
- Free cash flow of $40.1 million
The company closed its acquisition of Tyman on August 1, 2024, creating a comprehensive solutions provider in the building products industry. Quanex updated its FY2024 guidance, estimating net sales of $1.275-$1.285 billion and Adjusted EBITDA of $171-$176 million, incorporating Tyman's contribution for Q4.
Quanex Building Products (NYSE:NX) has announced a quarterly cash dividend of $0.08 per share on its common stock. The dividend is set to be paid on September 30, 2024, to shareholders of record as of September 16, 2024. This declaration by the Company's Board of Directors demonstrates Quanex's commitment to providing regular returns to its shareholders. The consistent dividend payout suggests financial stability and confidence in the company's cash flow generation capabilities.
Quanex Building Products (NYSE: NX) has announced its schedule for releasing third quarter 2024 earnings and hosting a conference call. The company plans to release its financial results on Thursday, September 5, 2024 after the New York Stock Exchange closes. A conference call to discuss the results is scheduled for Friday, September 6, 2024 at 11:00 a.m. ET (10:00 a.m. CT).
Investors can access a live audio webcast of the call on Quanex's website in the Investors section under Presentations & Events. Participants are encouraged to pre-register for the call using the provided link. A replay of the call will be available for a time on the company's website.
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