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NCI Building Systems reports second quarter 2017 results


Tuesday, 6 Jun 2017 04:18pm EDT 

June 6 (Reuters) - NCI Building Systems Inc ::NCI Building Systems reports second quarter 2017 results ‍​.Q2 adjusted non-GAAP earnings per share $0.16 excluding items; Q2 EPS $0.24.Q2 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.Q2 sales $420.5 million versus i/b/e/s view $409 million.Sees Q3 2017 revenue $480 million to $505 million and FY 2017 revenue $1.8 billion to $1.86 billion.Expects fiscal 2017 adjusted EBITDA to be in range of $180 to $200 million for year.Total consolidated backlog increased to $552.3 million at Q2 end, up 3.2%.On-going cost savings initiatives in manufacturing consolidation, ESG&A expected to generate $30-$40 million in cost savings by 2018-end.For Q3 of fiscal 2017, NCI expects revenues to be in range of $480 to $505 million​.For Q3 of fiscal 2017, NCI expects adjusted EBITDA to be in range of $48 - $58 million​.Q3 revenue view $492.2 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.81 billion -- Thomson Reuters I/B/E/S.