NCI Building Systems Reports Q1 EPS of $(0.99) vs. $(0.92)

NCI Building Systems, Inc. NCS today reported financial results for the first quarter ended January 30, 2011.

For the first quarter, sales were $190.1 million, up 4.3% from the $182.2 million reported in last year's first quarter. Gross profit margin was 17.6% compared to 17.8% in the year-ago first quarter.

The adjusted loss per diluted common share, excluding the non-cash beneficial conversion charge and other special charges presented in the attached tables, was $0.99; the reported net loss per diluted common share was $1.14. This compares to an adjusted loss per diluted common share of $0.99 and a reported net loss per diluted common share of $1.04 in last year's first quarter; each adjusted for the 1-for-5 reverse split that was effective at the close of market on March 5, 2010.