Quanex Revenue Jumps 77% in Fiscal Q3

Quanex Building Products (NYSE:NX), a supplier of window, door, and building supplies, announced its earnings for the third quarter of fiscal 2025 on Sept. 4, 2025. The results revealed a significant jump in net sales, up 77% year over year for Q3, propelled mainly by the acquisition of Tyman. However, a one-time non-cash goodwill impairment charge resulted in a sharp net loss of $276 million for Q3, and adjusted earnings per share fell short of last year's results. The company’s financial performance exceeded prior revenue expectations but disappointed on profitability, as management reduced full-year adjusted EBITDA guidance for FY2025 to $235 million, down from $270 million–$280 million previously, citing recent demand trends and an updated cost synergy realization model. The period reflected strong progress in integration but highlighted ongoing operational hurdles.Source: Quanex Building Products. Note: Fiscal 2025's third quarter ended July 31, 2025. Fiscal 2024's Q3 ended July 31, 2024. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool