GMS Non-GAAP EPS of $1.74 in-line, revenue of $1.15B beats by $20M

• GMS press release (NYSE:GMS): FQ3 Non-GAAP EPS of $1.74 in-line.
• Revenue of $1.15B (+53.1% Y/Y) beats by $20M.
• Adjusted EBITDA of $135.1 million increased $72.5 million, or 115.8%; Adjusted EBITDA margin improved 340 basis points to 11.7% from 8.3%.
• Net debt leverage was 2.3 times as of the end of the third quarter of fiscal 2022, down from 2.9 times a year ago.