Apogee Non-GAAP EPS of $1.00 beats by $0.44, revenue of $357M beats by $29.97M, raises FY22 guidance

Jun. 23, 2022 6:36 AM ETApogee Enterprises, Inc. (APOG)By: Deepa Sarvaiya, SA News Editor
  • Apogee press release (NASDAQ:APOG): Q1 Non-GAAP EPS of $1.00 beats by $0.44.
  • Revenue of $357M (+9.5% Y/Y) beats by $29.97M.
  • Outlook: Based on first-quarter results and increasing confidence in its outlook, the company is raising its guidance for full-year adjusted earnings to a range of $3.50 to $3.90 per diluted share vs consensus of $3.08, up from the previously announced range of $2.90 to $3.30. The company continues to expect full-year capital expenditures of $35 million to $40 million.

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