Gibraltar (ROCK) Reports Q3 Non-GAAP EPS and Revenue Misses
Gibraltar reported third-quarter financial results that fell short of market expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $1.01, missing estimates by $0.19, while revenue reached $479.6 million, falling $7.97 million below consensus forecasts. Despite the miss, Gibraltar demonstrated significant year-over-year growth, with revenue increasing by 54.3%. The company's cash flow profile showed $9.4 million generated from continuing operations, partially offset by an $8.2 million cash use in discontinued operations. Net debt currently stands at $1.2 billion.
Tickers: $ROCK
Topics: cash flow earnings miss net debt revenue growth