New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 29, 2014
06:01 EDTHWHeadwaters reports Q3 adjusted EPS 29c, consensus 21c
Reports Q3 revenue $223.40M, consensus $222.32M
News For HW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 4, 2015
06:12 EDTHWHeadwaters sees FY15 within adj. EBITDA guidance of $155M-$170M
Company said, “We continue to experience positive momentum in our business, with the June quarter representing the sixteenth consecutive quarter of year-over-year revenue and Adjusted EBITDA growth. The benefits from our growth, performance, and capital management are evidenced in the June quarter as interest expense dropped 33% compared to 2014, and Adjusted EPS from continuing operations increased 38% year-over-year to 40c per share. Our TTM Adjusted EBITDA increased to $158M, up 23% year-over-year, putting us on track to complete our fiscal year well within our Adjusted EBITDA guidance of $155M-$170M." And continued, “Our refinancing and debt repayments are expected to increase annual free cash flow by $16M through lower interest expense, and we achieved a major milestone in our overall debt structure. We ended the June quarter with a net debt to Adjusted EBITDA ratio of 2.9x, within our targeted range of 2.5 to 3.0x, and down from a peak of 6.7x. We are seeing increased opportunities for bolt-on acquisitions that support our key strategic initiative of adding products to our existing core customers. We believe we can continue to execute transactions with leadership economics, driving revenue growth beyond organic levels.”
06:09 EDTHWHeadwaters reports Q3 adj. EPS 40c, consensus 31c
Subscribe for More Information
July 22, 2015
10:01 EDTHWOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:10 EDTHWHeadwaters initiated with a Buy at CL King
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use