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home / news releases / PGTI - PGT Innovations: Low Net Income Is Hiding Strong Free Cash Flow

PGTI - PGT Innovations: Low Net Income Is Hiding Strong Free Cash Flow

PGT Innovations Inc.
  • PGT Innovations produces windows and doors in the premium segment, with most of the sales coming from impact-resistant products.
  • The reported net income was low due to non-recurring and non-cash elements. The underlying free cash flow was very strong.
  • I expect the underlying FCF to come in at in excess of $1.50 per share this year, even if PGTI doesn't reach the lower end of its EBITDA guidance.

For further details see:

PGT Innovations: Low Net Income Is Hiding Strong Free Cash Flow
Stock Information
Company Name: PGT Innovations Inc.
Stock Symbol: PGTI
Market: NYSE
Website: pgtinnovations.com
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