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Quanex: Fiscal 2Q Earnings Snapshot

HOUSTON (AP) _ Quanex Building Products Corp. (NX) on Thursday reported fiscal second-quarter net income of $5.5 million, after reporting a loss in the same period a year earlier.

The Houston-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring costs, were 19 cents per share.

The housing materials maker posted revenue of $187.5 million in the period.

Quanex shares have decreased 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.67, a drop of 17% in the last 12 months.


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