Quanex's Margin Magic: Can a Strong Quarter Be More Than Just a Blip?
Quanex Building Products Corporation (NYSE:NX) recently reported fiscal third quarter results that show the company can still produce impressive numbers, despite sluggish sales growth. Net sales increased 1.
3% to $501. 8 million, while gross margin expanded to 28. 2%, and non GAAP adjusted EBITDA rose to $72. 7 million from $70. 3 million in the same period last year.