Patrick Industries Inc Bottom Line Rises In Q1

Patrick Industries Inc (PATK) announced a profit for its first quarter that increased from the same period last year

The company's bottom line came in at $38.23 million, or $1.11 per share. This compares with $35.09 million, or $1.06 per share, last year.

Excluding items, Patrick Industries Inc reported adjusted earnings of $38.28 million or $1.11 per share for the period.

The company's revenue for the period rose 7.4% to $1.003 billion from $933.49 million last year.

Patrick Industries Inc earnings at a glance (GAAP) :

-Earnings: $38.23 Mln. vs. $35.09 Mln. last year.
-EPS: $1.11 vs. $1.06 last year.
-Revenue: $1.003 Bln vs. $933.49 Mln last year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com