Quanex Building Products Reports Net Income of $21.5 Million for the Second Quarter
Revenue Declines to $273.5 Million for Quanex Building Products in Q2
Quanex Building Products Corporation.(NX), a leading manufacturer of engineered materials and components for the building industry, announced its financial results for the second quarter of the fiscal year. The company reported a net income of $21.5 million and a decline in revenue to $273.5 million.**
Net Income: Quanex Building Products Corporation Achieves Net Income of $21.5 Million
Quanex Building Products Corporation, a manufacturer of building materials and components, revealed its net income for the second quarter of the fiscal year. The company recorded a net income of $21.5 million during the period, reflecting a positive financial performance. This figure represents a decrease compared to the same period last year when the net income was reported at $26.5 million.
Revenue Decline: Quanex Building Products' Q2 Revenue Drops to $273.5 Million