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Apogee FY2013 Full-Year, Fourth Quarter Results Improve

Post Time:Apr 12,2013Classify:Industry NewsView:63

Apogee Enterprises, Inc. (Nasdaq:APOG) today announced fiscal 2013 full-year and fourth-quarter results. Apogee provides distinctive value-added glass solutions for the architectural and picture framing industries.        

FY13 FULL YEAR VS. PRIOR YEAR

  • Revenues of $700.2 million were up 6 percent.
  • Operating income was $27.4 million, compared to $3.8 million.
  • Per share earnings from continuing operations were $0.66, compared to $0.17.
  • Net earnings per share were $0.67, compared to $0.17.
  • Architectural segment revenues increased 6 percent, with operating income of $9.2 million compared to an operating loss of $12.1 million.
  • Large-scale optical segment revenues increased 2 percent, with operating income of $21.0 million compared to $19.6 million.
  • Cash and short-term investments totaled $85.6 million, compared to $79.3 million.

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Source: http://www.glassonweb.com/news/index/18793/Author:

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