Huttig Building Products, Inc. Announces Record First Quarter Net Earnings

Yahoo! Finance May 03, 2021 05:00 PM ET

First Quarter 2021 Highlights (as compared to prior year quarter): Net sales of $214.7 million compared to $203.0 millionGross margins increased to 21.3% compared to 20.1%Net earnings increased to $8.1 million compared to a loss of $8.9 million, which included a $9.5 million goodwill impairment chargeTotal liquidity increased to $85.4 million compared to $55.4 millionReduced indebtedness by $34.7 millionAdjusted EBITDA increased to $10.5 million compared to $3.5 million ST. LOUIS, May 03, 2021 (...