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The AZEK Company Sees Q3 Revenue $385M-$400M Vs $390.11M Est.; Raises FY24 Revenue Guidance To $1.407B-$1.438B Vs $1.42B Est.

Benzinga ·  May 9 05:14

RAISING FISCAL 2024 OUTLOOK

AZEK provides certain of its outlook on a non-GAAP basis, as the Company cannot predict some elements that are included in reported GAAP results, including the impact of acquisition costs and other costs. Refer to the Outlook section in the discussion of non-GAAP financial measures below for more details.

  • Raising fiscal 2024 net sales outlook to a range between $1.407 to $1.438 billion and Adjusted EBITDA outlook to a range between $364 to $380 million
  • Third Quarter Fiscal 2024 Outlook – Expecting consolidated net sales between $385 to $400 million and Adjusted EBITDA between $103 to $110 million
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