Cornerstone: 2Q Earnings Snapshot
CARY, N.C. (AP) _ Cornerstone Building Brands, In (CNR) on Wednesday reported net income of $17.5 million in its second quarter.
On a per-share basis, the Cary, North Carolina-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The maker of products used in commercial buildings posted revenue of $1.3 billion in the period.
Cornerstone shares have dropped 18% since the beginning of the year. The stock has fallen 61% in the last 12 months.