BlueLinx: Q4 Earnings Snapshot

Associated Press
Updated ·1 min read

MARIETTA, Ga. (AP) _ BlueLinx Holdings Inc. (BXC) on Wednesday reported fourth-quarter net income of $19.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Marietta, Georgia-based company said it had net income of $2.04.

The building products distributor posted revenue of $865.4 million in the period.

For the year, the company reported net income of $80.9 million, or $8.55 per share, swinging to a profit in the period. Revenue was reported as $3.1 billion.

BlueLinx shares have climbed 43% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $41.88, more than tripling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BXC at https://www.zacks.com/ap/BXC