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BEACON ROOFING SUPPLY INC [BECN] reports annual net loss of $68.0 million
Company Reports Revenue of $1.8 billion
By USInMinutes
Published - Feb 29, 2024, 05:44 AM ET
Last Updated - Feb 29, 2024, 05:44 AM EST
BEACON ROOFING SUPPLY INC [BECN] has reported a net loss of $68.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $1.8 billion
Based in HERNDON, Virginia, BEACON ROOFING SUPPLY INC operates in the WHOLESALE sector.
In the quarterly period ending December 31, 2023, the company reported net sales of $9.12 billion, showcasing an increase from the previous year's $8.43 billion in the same period. This represents a growth of 8% year-over-year.
Cost of products sold for the same quarter was $6.78 billion, compared to $6.19 billion in the previous year, indicating a slight increase of 9.5% in costs.
