Entering text into the input field will update the search result below

Quanex Building Products Corporation (NX) CEO George Wilson on Q2 2020 Results - Earnings Call Transcript

SA Transcripts profile picture
SA Transcripts

Quanex Building Products Corporation (NYSE:NX) Q2 2020 Earnings Conference Call June 5, 2020 11:00 AM ET

Company Participants

Scott Zuehlke - Vice President, Chief Financial Officer and Treasurer

George Wilson - President and CEO

Conference Call Participants

Daniel Moore - CJS Securities

Julio Romero - Sidoti

Steven Ramsey - Thompson Research Group

Reuben Garner - Benchmark Company


Ladies and gentlemen, thank you for standing by. And welcome to the Second Quarter 2020 Quanex Building Products Corporation earnings conference call. At this time, all participants lines are in a listen-only mode. After the speakers’ presentation there will be a question-and-answer session [Operator Instructions]. Please be advised that today’s conference maybe recorded [Operator Instructions].

I would now like to hand to conference over to today Mr. Scott Zuehlke, Vice President, Chief Financial Officer and Treasurer. Please go ahead, sir.

Scott Zuehlke

Thanks for joining the call this morning. On the call with me today is George Wilson, our President and CEO. This conference call will contain forward-looking statements and some discussion of non-GAAP measures. Forward-looking statements and guidance discussed on this call and in our earnings release are based on current expectations.

Actual results or events may differ materially from such statements and guidance, and Quanex undertakes no obligation to update or revise any forward-looking statements to reflect new information or events. For more detailed description of our forward-looking statement disclaimer and a reconciliation of non-GAAP measures to the most directly comparable GAAP measures, please see our earnings release issued yesterday and posted to our Web site.

I'll now discuss the financial results. We generated revenue of $187.5 million during the second quarter of 2020 compared to $218.2 million during the second quarter of 2019. The decrease was primarily attributable to softer demand in April related to the COVID-19 pandemic. Volume began to decline in late

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.