NEW YORK, July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX), relating to its proposed merger with Tyman plc. Under the terms of the agreement, Tyman shareholders will own between approximately 30% and 32 ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-33913 __________________________ ...

We were able to repay $10 million of debt during Q2 and we have no outstanding draws on our revolver. As referenced in the earnings release based on year-to-date results, conversations with our customers, recent demand trends, and the latest macro data, we are reaffirming net sales guidance of approximately $1.1 billion and adjusted EBITDA guidance of $145 million to $150 million for fiscal 2024. From a cadence perspective, for the third quarter of this year versus the second quarter of this year, we expect ...

Shares of the company rose 6% in the after-hours trading session on Jun 6 after the news release. Adjusted earnings of 66 cents per share surpassed the consensus estimate of 53 cents by 24.5%. The upside can be attributed to a decline in raw material costs, lower income tax expenses and reduced interest expenses. Gross margin in the quarter was 24.9%, which expanded 30 basis points (bps) from the prior-year period's tally. Adjusted EBITDA margin came in at 15%, reflecting a 40 bps increase from the year-ago ...

Quanex Building Products (NX) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. There are no easy answers to this key question, but one reliable ...

EXHIBIT 99.1 HOUSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced its results for the three months ended April 30, 2024. Quanex Building Products Announces Second Quarter 2024 Results and Reaffirms Full Year 2024 Guidance Margin Expansion in North America and on a Consolidated Basis Repaid $10 Million in Bank Debt – No Outstanding Draws on Revolver Tyman Acquisition Expected to Close in 2H24 The Company reported the following s ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------|-------|-----------------------------------|-------|---------|-------|-------|---------------------------------|-------|-------|---------| | NA Fenestration: | | Three Months Ended April 30, 2024 | | 2023 | | | Six Months Ended April 30, 2024 | | | 2023 | | United States - fenestration | $ | 119,646 | | 120,756 | | $ | 231,280 | | $ | 241,523 | | International - fenestration | | 7,465 | | 8,350 | | | 13,6 ...

No Offer or Solicitation A copy of this release will be made available on Quanex's website at https://www.roadto2b.com/ by no later than 12 noon (London time) on the business day following the date of this release. Neither the contents of that website nor the content of any other website accessible from hyperlinks on such website is incorporated into, or forms part of, this release. | --- | --- | --- | --- | |-------------------------------------|---------|-----------------------------------|----------| | T ...

Quanex Building Products Corporation (NX) is scheduled to report second-quarter fiscal 2024 results on Jun 6, after the closing bell. In the last reported quarter, the company's earnings beat the Zacks Consensus Estimate by 50% and were flat year over year. Net sales also topped the consensus mark by 2.7% but decreased 8.7% year over year. The Trend in Estimate Revision For the quarter to be reported, the Zacks Consensus Estimate for earnings per share (EPS) remained stable at 53 cents in the past 60 days. ...