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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 Corporation (NYSE:NX) reported impressive Q3 2021 results with net sales of $279.9 million, up 32% year-over-year, driven by increased demand across all product lines. Gross margin decreased to 21.4% from 23.4% due to inflation and supply chain challenges. The net income rose to $13.6 million with diluted EPS at $0.41. The company strengthened its balance sheet, repaying $15 million in debt and maintaining liquidity of $306.2 million. For fiscal 2021, Quanex reaffirms sales guidance of $1.04 billion to $1.06 billion.
Quanex Building Products Corporation (NYSE:NX) has announced a quarterly cash dividend of $0.08 per share. This dividend will be payable on September 30, 2021, to shareholders on record as of September 16, 2021. As a leading manufacturer in the building products sector, Quanex specializes in designing and producing energy-efficient fenestration products and kitchen and bath cabinet components.
Quanex Building Products Corporation (NYSE: NX) announced it will release its third quarter 2021 results on September 2, 2021, after market close. A conference call is scheduled for September 3, 2021, at 11:00 a.m. ET to discuss the results, accessible to investors via telephone and live audio webcast on the company’s website. A telephonic replay will be available until September 10, 2021. Quanex is known for manufacturing energy-efficient fenestration products and components for the building products industry.
Quanex Building Products Corporation (NYSE:NX) reported robust financial results for the quarter ending April 30, 2021. Net sales surged to $270.4 million, a 44.2% increase from the previous year, driven by significant demand across all segments. Gross margin improved to 22.9%, with net income rising to $14.5 million. The strong balance sheet allowed for the repayment of $25 million in bank debt and share repurchases of $2 million. The company anticipates continued growth, projecting net sales between $1.04 billion and $1.06 billion for the fiscal year, despite ongoing inflation and supply chain challenges.
Quanex Building Products Corporation (NYSE:NX) has declared a quarterly cash dividend of $0.08 per share on its common stock. This dividend is payable on June 30, 2021, to shareholders of record as of June 15, 2021. Quanex is a leading manufacturer of components for the building products industry, specializing in energy-efficient fenestration products and kitchen and bath cabinet components.
Quanex Building Products Corporation (NYSE: NX) plans to release its second quarter 2021 financial results on June 3, 2021, after market close. A conference call for investors is scheduled for June 4, 2021, at 11:00 a.m. ET, where details regarding the results will be discussed. Investors can join by phone or through a live audio webcast available on Quanex’s website. The company is known for manufacturing energy-efficient components for the building products industry, including fenestration products and cabinet components.
Quanex Building Products Corporation (NYSE:NX) reported strong financial results for the quarter ended January 31, 2021, with net sales increasing by 17.1% to $230.1 million compared to $196.6 million in 2020. Gross margin improved from 19.9% to 23.4%, reflecting solid growth across all operating segments. Net income rose to $7.9 million, while adjusted EBITDA reached $24.3 million, up from $15.7 million the previous year. The company also maintained a strong balance sheet with $113.6 million in total debt. Positive outlooks project 12% sales growth in North American Fenestration for 2021.
Quanex Building Products Corporation (NYSE: NX) will release its first quarter 2021 results on March 4, 2021, post-market hours. A conference call to discuss these results is scheduled for March 5, 2021, at 11:00 a.m. ET. Investors can join via phone or through a live audio webcast on the company's website. A telephonic replay will be available until March 12, 2021. Quanex specializes in manufacturing components for Original Equipment Manufacturers in the building products sector, focusing on energy-efficient products.
Quanex Building Products Corporation (NYSE:NX) reported strong performance in 4Q20, achieving net sales of $255.4 million, a 6.3% increase year-over-year, and a net income of $22.2 million, compared to a loss of $30.9 million in 4Q19. The gross margin improved to 25.9%, driven by higher volumes and lower raw material costs. For FY20, net sales totaled $851.6 million, down from $893.8 million in FY19. The company generated free cash flow of $75.1 million, repaid $35 million in bank debt, and maintained a leverage ratio of 0.6x. Looking ahead, Quanex anticipates net sales of $900 million to $920 million for FY21.
Quanex Building Products Corporation (NYSE:NX) has announced a quarterly cash dividend of $0.08 per share, payable on December 30, 2020, to shareholders on record as of December 16, 2020. This dividend reflects the company's commitment to providing returns to its shareholders while maintaining its status as a leading manufacturer of energy-efficient building products.
Quanex's innovative offerings in fenestration and cabinetry highlight its competitive edge in the building products industry. Investors can look forward to this cash dividend as a sign of the company's ongoing stability and performance.