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Interface: Q4 Earnings Snapshot

Interface: Q4 Earnings Snapshot

By AP News
Published - Feb 28, 2023, 06:00 AM ET
Last Updated - Jun 22, 2023, 07:11 PM EDT

ATLANTA (AP) — ATLANTA (AP) — Interface Inc. (TILE) on Tuesday reported a loss of $24.6 million in its fourth quarter.

On a per-share basis, the Atlanta-based company said it had a loss of 42 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, were 31 cents per share.

The carpet tile company posted revenue of $335.6 million in the period.

For the year, the company reported profit of $19.6 million, or 33 cents per share. Revenue was reported as $1.3 billion.

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