UPDATE: American Woodmark Reports Lower-Than-Expected Q4 Loss, Declares Quarterly Dividend

American Woodmark Corporation AMWD released its results for the fourth quarter on Friday. American Woodmark posted a quarterly net loss of $3.4 million, or $0.24 per share, versus a net loss of $1.5 million, or $0.11 per share, in the year-ago quarter. Excluding non-recurring items, AMWD's net loss came in at $2.6 million, or $0.18 per share. American Woodmark's net sales climbed 10% to $124,230,000. However, analysts expected American Woodmark to post a loss of $0.21 per share on revenue of $121.62 million. American Woodmark also announced a quarterly cash dividend of $0.09 per share. American Woodmark shares gained 0.31% to close at $19.11 yesterday. Read more from Benzinga's Company news.
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