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Quanex Building Products Corporation (NX) CEO George Wilson on Q1 2021 Results - Earnings Call Transcript

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Quanex Building Products Corporation (NYSE:NX) Q1 2021 Earnings Conference Call March 5, 2021 11:00 AM ET

Company Participants

Scott Zuehlke - Senior Vice President and Chief Financial Officer

George Wilson - President and Chief Executive Officer

Conference Call Participants

Daniel Moore - CJS Securities, Inc.

Julio Romero - Sidoti & Company, LLC

Steven Ramsey - Thompson Research Group, LLC

Reuben Garner - The Benchmark Company, LLC

Kenneth Zener - KeyBanc Capital Markets Inc.


Ladies and gentlemen, thank you for standing by, and welcome to the Q1 2021 Quanex Building Products Corporation First Quarter Earnings Conference Call. At this time, all participant 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 is being recorded. [Operator Instructions]

I'd now like to hand today’s conference over to your speaker, Scott Zuehlke, SVP, CFO and Treasurer. Thank you. 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 on 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 statement to reflect new information or events.

For a 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 website.

I'll now discuss the financial results. We reported revenue of $230.1 million during the first quarter of 2021, which represents an increase of 17.1%, compared to $196.6 million during the first quarter of

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