Gibraltar Industries, Inc. ROCK today reported its financial results for the three and nine months ended September 30, 2010.
Net sales from continuing operations in the third quarter of 2010 were $182 million, a decrease of 4% compared to the third quarter of 2009, as persistently weak activity levels reduced the order volumes from the Company's key end markets of residential and non-residential building construction.
Income from continuing operations before special charges in the third quarter of 2010 was $1.8 million, or $0.06 per diluted share, compared to $9.9 million, or $0.33 per diluted share, in the third quarter of 2009. On a GAAP basis, income from continuing operations was $1.3 million, or $0.04 per diluted share, for the third quarter of 2010 compared to $7.6 million, or $0.25 per diluted share, for the third quarter of 2009.
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