Apogee Enterprises, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 25, 2023
December 21, 2023 at 06:08 am EST
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Apogee Enterprises, Inc. reported earnings results for the third quarter and nine months ended November 25, 2023. For the third quarter, the company reported sales was USD 339.71 million compared to USD 367.85 million a year ago. Net income was USD 26.97 million compared to USD 23.77 million a year ago. Basic earnings per share from continuing operations was USD 1.24 compared to USD 1.09 a year ago. Diluted earnings per share from continuing operations was USD 1.23 compared to USD 1.07 a year ago.
For the nine months, sales was USD 1,055.1 million compared to USD 1,096.59 million a year ago. Net income was USD 83.88 million compared to USD 83.89 million a year ago. Basic earnings per share from continuing operations was USD 3.82 compared to USD 3.81 a year ago. Diluted earnings per share from continuing operations was USD 3.8 compared to USD 3.74 a year ago.
Apogee Enterprises, Inc. is a provider of architectural products and services for enclosing buildings, and performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The Company operates through four segments: Architectural Framing Systems, Architectural Glass, Architectural Services and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates and finishes aluminum window, curtainwall, storefront and entrance systems for the exterior of buildings. The Architectural Glass segment coats and fabricates glass used in custom window and wall systems on commercial buildings. The Architectural Services segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install building glass and curtainwall systems. The LSO segment manufactures glazing products for the custom framing, fine art, and engineered optics markets.
APOGEE ENTERPRISES, INC. 
