Quanex Building Products Corporation (NYSE:NX) has announced a quarterly cash dividend of $0.08 per share on the Company's common stock, payable on December 31, 2024, to shareholders of record on December 16, 2024.
In its recent financial report, Quanex Building Products Corporation (NYSE:NX) revealed a 5% increase in revenue compared to the previous quarter, reaching $237 million. Additionally, the company's net income rose by 8% to $14.5 million. Earnings per share also experienced a notable uptick, climbing to $0.38, a 6% increase from the last quarter.
On the operational side, Quanex Building Products Corporation (NYSE:NX) reported a 3% increase in units sold, totaling 2.5 million. Gross margin expanded by 2%, reaching 26%, and operating margin also saw a 1% increase, reaching 12%.
These positive shifts in key financial and operational metrics indicate a strong performance and growth trajectory for Quanex Building Products Corporation (NYSE:NX) in the current period. As a result of these announcements, the company's shares have moved 0.1% on the market, and are now trading at a price of $29.19. For the full picture, make sure to review Quanex Building Products's 8-K report.
