ATLANTA (AP) _ Interface Inc. (TILE) on Wednesday reported second-quarter net income of $20.6 million.
On a per-share basis, the Atlanta-based company said it had profit of 35 cents. Earnings, adjusted for non-recurring costs, came to 42 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 42 cents per share.
The carpet tile company posted revenue of $283.6 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $276.1 million.
Interface shares have fallen 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.60, a climb of 25 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TILE at https://www.zacks.com/ap/TILE