29.04.2014 12:26:52

Headwaters Incorporated Q2 Loss Widens - Quick Facts

(RTTNews) - Headwaters Incorporated (HW) Tuesday reported second-quarter net loss attributable to the company of $10.32 million or $0.14 per share, wider than $8.26 million or $0.11 per share in the prior year.

The building products company posted loss from continuing operations of $0.13 per share, narrower than $0.14 per share last year.

On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter grew 11% to $156.51 million from $140.99 million a year earlier. Organic growth was 6%. Analysts estimated revenues of $150.47 million for the quarter.

Based on the company's results year-to-date and present outlook, it affirmed adjusted EBITDA guidance for full year 2014 of $130 million to $145 million.

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