CSWI CSW Industrials

CSW Industrials Reports Fiscal Third Quarter and Year-to-Date 2020 Results

CSW Industrials Reports Fiscal Third Quarter and Year-to-Date 2020 Results

Fiscal Third Quarter and Year-to-Date 2020 Highlights

  • Fiscal third quarter consolidated revenue from continuing operations of $83.7 million, up 8.0% (3.4% organic) compared to $77.5 million in the prior year period.
  • Fiscal third quarter GAAP operating income of $10.5 million, up 11.3% compared to $9.4 million in the prior year period. There were no adjustments to operating income in the current quarter or the prior year period.
  • Fiscal third quarter GAAP net income from continuing operations increased to $7.3 million, or $0.48 per diluted share, compared to $6.0 million, or $0.39 per diluted share in the prior year period. 
  • Year-to-date consolidated revenue from continuing operations increased 11.1% (6.6% organic) to $287.4 million, compared to $258.7 million in the prior year period. 
  • Year-to-date cash provided from continuing operations was $60.4 million compared to $58.3 million in the prior year period.
  • Following quarter end, CSWI declared its fourth consecutive quarterly regular cash dividend of $0.135 per share, payable on February 14, 2020, to shareholders of record as of the close of business on January 31, 2020.

DALLAS, Feb. 04, 2020 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today reported results for the fiscal third quarter and year-to-date period ended December 31, 2019.

Fiscal third quarter revenue was $83.7 million, representing 8.0% growth as compared to $77.5 million in the prior year period, driven by increased sales in both the Industrial Products and Specialty Chemicals segments. Organic growth equated to 3.4% of the total 8.0% growth, and the remainder was due to revenue generated by acquisitions completed within the past twelve months. Organic sales growth, as compared to the prior year quarter, was predominantly driven by heating, ventilation, air conditioning, and refrigeration (HVAC/R), plumbing, and general industrial end markets, and were partially offset by the architecturally-specified building products and energy end markets.

GAAP operating income from continuing operations in the fiscal third quarter of 2020 increased 11.3% to $10.5 million, compared to $9.4 million in the prior year period, primarily as a result of increased gross profit, due to sales growth, partially offset by an increase in operating expenses due to investments in our sales and marketing efforts. There were no adjustments to operating income in the third quarter 2020 or the prior year period.

GAAP net income from continuing operations in the fiscal third quarter of 2020 was $7.3 million, or $0.48 per diluted share, compared to $6.0 million, or $0.39 per diluted share, in the prior year period. After adjusting both quarters to exclude one-time items and to apply a normalized tax rate, adjusted net income from continuing operations in the fiscal third quarter of 2020 was $7.4 million, or $0.48 per diluted share, compared to $7.0 million, or $0.46 per diluted share, in the prior year period.

Joseph B. Armes, CSW Industrials’ Chairman, Chief Executive Officer, and President commented, “The momentum we have demonstrated all year continued into the fiscal third quarter, underscored by another solid quarter of growth in both the top and bottom line. This resulted in 11.1% total revenue growth and 17.9% adjusted operating income growth year to date, despite a challenging year-over-year comparison, particularly in the fiscal third quarter of 2019. Our quarterly and year-to-date results represent significant outperformance relative to GDP in these periods. These impressive results were driven by contributions from both segments, strong performance from our recent acquisitions, our team’s focus on innovative product introductions, investments in key personnel across our sales and marketing teams, and success in leveraging our channels to market.”

Armes continued, “Our focus remains on generating sustainable and profitable growth for our shareholders, while maintaining a strong balance sheet that supports our capital allocation strategy. We are succeeding on these metrics, and our strong operating cash flow provides ample resources to invest in innovative organic growth initiatives, enhance our industry leading brands, pursue accretive M&A, and deliver on our commitments to return cash to shareholders.”

Fiscal Third Quarter Results of Operations

Consolidated revenue from continuing operations increased 8.0% to $83.7 million, compared to $77.5 million in the prior year period.

Consolidated gross profit increased 10.1% to $37.7 million, compared to $34.2 million in the prior year period, primarily a result of the positive impact of recent acquisitions and leverage from increased sales, partially offset by a decline in the architecturally-specified building products end market. Gross margin as a percentage of sales improved 80 basis points to 45.0%, compared to 44.2% in the prior year period.

Consolidated operating expenses in the current quarter were $27.2 million, or 32.5% of sales, and as a percent of sales increased 50 basis points over the prior year level of 32.0%, or $24.8 million. The increases in both operating expense and operating expense as a percent of sales were primarily driven by additional personnel related expenses and selling, general and administrative costs related to acquired businesses.

GAAP net income from continuing operations of $7.3 million, or $0.48 per diluted share compared to $6.0 million, or $0.39 per diluted share in the prior year period.  After adjusting both quarters to exclude one-time items and to apply a normalized tax rate, adjusted net income from continuing operations improved 5.2% to $7.4 million, or $0.48 per diluted share, compared to adjusted net income from continuing operations of $7.0 million, or $0.46 per diluted share, in the prior year period.

Industrial Products segment revenue increased 11.5% (3.3% organic) to $48.7 million, compared to $43.7 million in the prior year period.  Sales volumes in the plumbing and HVAC/R end markets drove most of the strong organic revenue growth, partially offset by a decline in the architecturally-specified building products end market. GAAP segment operating income increased 7.2% to $8.6 million, compared to $8.1 million in the prior year period. The increased profits were driven by higher sales, partially offset by negative mix in architecturally-specified building products.  There were no adjustments to GAAP results in the current or prior year periods.

Specialty Chemicals segment revenue improved 3.6%, all of which was organic, to $35.0 million, compared to $33.8 million in the prior year period. Growth was primarily driven by increased sales in the rail, plumbing, and mining end markets, partially offset by a decline in the energy end market. Due to increased sales and favorable sales mix, GAAP segment operating income rose 18.4% to $5.4 million, compared to $4.6 million in the prior year period.  There were no adjustments to GAAP results in the current or prior year periods.

Following quarter end, CSWI declared its fourth consecutive quarterly regular cash dividend of $0.135 per share, payable on February 14, 2020, to shareholders of record as of the close of business on January 31, 2020.

Year-to-Date 2020 Results of Operations

For the first nine months of the fiscal year, consolidated revenue from continuing operations increased 11.1% (6.6% organic) to $287.4 million, compared to $258.7 million in the prior year period.  Organic sales growth occurred in all end markets, except general industrial, which was relatively flat when compared to the prior year period.

For the first nine months of the fiscal year, consolidated gross profit increased 11.6% to $132.3 million, compared to $118.5 million in the prior year period, primarily a result of the positive impact of leverage from increased sales and recent acquisitions, partially offset by the negative net impact from the current and prior year sales of property, plant, and equipment. Gross margin as a percentage of sales improved approximately 20 basis points to 46.0%, compared to 45.8% in the prior year period.

For the first nine months of the fiscal year, consolidated operating expenses were $81.4 million, or 28.3% of sales, and as a percent of sales decreased approximately 40 basis points over the prior year level of 28.7%, or $74.2 million. The modest improvement in operating expense margin was primarily driven by sales leverage.

For the first nine months of the fiscal year, GAAP net income from continuing operations was $31.4 million, or $2.07 per diluted share compared to $32.4 million, or $2.07 per diluted share in the prior year period.  After adjusting the current year-to-date period to exclude one-time items, the most significant being the charge in the fiscal second quarter to terminate the U.S. qualified pension plan ($5.4 million after-tax, or $0.35 per diluted share), and a normalized tax rate, adjusted net income from continuing operations improved 13.5% to $35.8 million, or $2.35 per diluted share. In the prior year period, adjusted net income from continuing operations, adjusted to exclude one-time items and applying a normalized tax rate, net income from continuing operations was $31.5 million, or $2.02 per diluted share.

For the first nine months of the fiscal year, the Industrial Products segment revenue increased 14.8% (7.2% organic) to $174.8 million, compared to $152.2 million in the prior year period.  Sales volumes in the HVAC/R, plumbing and general industrial end markets drove most of the strong organic revenue growth, partially offset by a decline in the rail end market. GAAP segment operating income increased 16.4% to $42.1 million, compared to $36.2 million in the prior year period. Adjusted to exclude non-recurring items related to the sale of a facility in the prior year period, segment operating income increased 17.2% to $42.1 million, compared to $35.9 million in the prior year period.  The increased profits were driven by higher sales, partially offset by increased personnel related expenses and a $0.5 million gain on the sale of property in the prior year that did not recur.

For the first nine months of the fiscal year, the Specialty Chemicals segment revenue improved 5.8%, all of which was organic, to $112.6 million, compared to $106.5 million in the prior year period. The Specialty Chemicals segment benefitted primarily from increased sales of consumable products into the rail, energy, architecturally-specified building products, and mining end markets, slightly offset by a decline in the general industrial end market. Due to increased sales, GAAP segment operating income rose 11.5% to $19.2 million, compared to $17.2 million in the prior year period.   Adjusted to exclude non-recurring items related to the sale of a facility in each of the periods, segment operating income increased 17.8% to $18.4 million, compared to $15.6 million in the prior year period.

Year-to-date cash provided from continuing operations was $60.4 million compared to $58.3 million in the prior year period.

All percentages are calculated based upon the attached financial statements and reconciliations of non-GAAP financial measures.

Conference Call Information

The Company will host a conference call today at 10:00 a.m. Eastern Time to discuss the results. A live webcast of the call will also be available at . Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call.

A telephonic replay will be available shortly after the conclusion of the call and until February 18, 2020.  Participants may access the replay at 1-844-512-2921, international callers may use 1-412-317-6671, and enter access code 13698150.  An archived replay of the call will also be available on the Investors portion of the CSWI website at .

Safe Harbor Statement

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

Non-GAAP Financial Measures

This press release includes an analysis of adjusted earnings per share, adjusted net income, and adjusted operating income, which are non-GAAP financial measures of performance.  For a reconciliation of these measures to the most directly comparable GAAP measures and for a discussion of why we consider these non-GAAP measures useful, see the “Reconciliation of Non-GAAP Measures” section of this release.

                                  

About CSW Industrials

CSWI is a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals. CSWI's broad portfolio of leading products provides performance optimizing solutions to its customers. CSWI's products include mechanical products for heating, ventilation, air conditioning, and refrigeration applications, sealants, and high-performance specialty lubricants. Markets that CSWI serves include: HVAC/R, architecturally-specified building products, general industrial, plumbing, rail, energy, and mining. For more information, please visit .

Investor Relations

Adrianne D. Griffin

Vice President, Investor Relations, & Treasurer

214-489-7113 





CSW INDUSTRIALS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
         
         
(Amounts in thousands, except per share amounts) Three Months Ended December 31,

 Nine Months Ended December 31,

   2019   2018   2019   2018 
Revenues, net $83,716  $77,488  $287,373  $258,678 
Cost of revenues  (46,025)  (43,260)  (155,043)  (140,153)
Gross profit  37,691   34,228   132,330   118,525 
Selling, general and administrative expenses  (27,203)  (24,807)  (81,398)  (74,156)
Operating income  10,488   9,421   50,932   44,369 
Interest expense, net  (286)  (289)  (1,086)  (1,094)
Other (loss) income, net  (848)  336   (8,302)  1,157 
Income before income taxes  9,354   9,468   41,544   44,432 
Provision for income taxes  (2,072)  (3,471)  (10,099)  (12,005)
Income from continuing operations  7,282   5,997   31,445   32,427 
Income/(loss) from discontinued operations, net of tax  26   (1,016)  (148)  (616)
Net income $7,308  $4,981  $31,297  $31,811 
         
         
Basic earnings (loss) per common share:        
Continuing operations $0.48  $0.39  $2.09  $2.09 
Discontinued operations  -   (0.06)  (0.01)  (0.04)
Net income $0.48  $0.33  $2.08  $2.05 
         
Diluted earnings (loss) per common share:        
Continuing operations $0.48  $0.39  $2.07  $2.07 
Discontinued operations  -   (0.07)  (0.01)  (0.04)
Net income $0.48  $0.32  $2.06  $2.03 





CSW INDUSTRIALS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
     
     
(Amounts in thousands, except per share amounts) December 31, 2019 March 31, 2019
     
ASSETS    
Current assets:    
Cash and cash equivalents $39,884  $26,651 
Accounts receivable, net of allowance for doubtful accounts of $1,139 and $591, respectively  57,583   66,136 
Inventories, net  57,269   51,429 
Prepaid expenses and other current assets  3,843   7,030 
Current assets, discontinued operations  46   21 
Total current assets  158,625   151,267 
Property, plant and equipment, net of accumulated depreciation of $70,285 and $65,548, respectively  55,599   53,639 
Goodwill  92,720   86,295 
Intangible assets, net  49,420   50,466 
Other assets  22,318   10,965 
Noncurrent assets, discontinued operations  2,012   - 
Total assets $380,694  $352,632 
     
LIABILITIES AND EQUITY    
Current liabilities:    
Accounts payable $17,704  $19,024 
Accrued and other current liabilities  34,666   29,426 
Current portion of long-term debt  561   561 
Current liabilities, discontinued operations  348   161 
Total current liabilities  53,279   49,172 
Long-term debt  10,477   30,898 
Retirement benefits payable  2,049   1,978 
Other long-term liabilities  19,302   6,114 
Noncurrent liabilities, discontinued operations  2,595   784 
Total liabilities  87,702   88,946 
Equity:    
Common shares, $0.01 par value  159   158 
Shares authorized – 50,000    
Shares issued – 16,054 and 16,001, respectively    
Additional paid-in capital  47,013   46,633 
Treasury shares, at cost (929 and 962 shares, respectively)  (49,317)  (49,964)
Retained earnings  302,358   277,588 
Accumulated other comprehensive loss  (7,221)  (10,729)
Total equity  292,992   263,686 
Total liabilities and equity $380,694  $352,632 





CSW INDUSTRIALS, INC. 
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 
(Unaudited) 
      
      
(Amounts in thousands) Nine Months Ended December 31, 
  2019 2018 
Cash flows from operating activities:     
Net income $31,297  $31,811  
Less: Loss from discontinued operations  (148)  (616) 
Income from continuing operations  31,445   32,427  
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation  6,008   5,599  
Amortization of intangible and other assets  5,238   4,799  
Provision for inventory reserves  183   822  
Provision for doubtful accounts  837   126  
Share-based compensation  3,776   2,893  
Net gain on disposals of property, plant and equipment  (844)  (2,854) 
Pension plan termination expense  6,559   -  
Net pension benefit  (156)  (296) 
Realized deferred taxes (see Note 15)  -   10,419  
Net deferred taxes  (369)  (194) 
Changes in operating assets and liabilities:     
Accounts receivable, net  10,143   12,450  
Inventories  (5,099)  (7,676) 
Prepaid expenses and other current assets  3,236   (2,263) 
Other assets  20   293  
Accounts payable and other current liabilities  (265)  1,755  
Retirement benefits payable and other liabilities  (359)  (19) 
Net cash provided by operating activities, continuing operations  60,353   58,281  
Net cash used in operating activities, discontinued operations  (442)  (8,401) 
Net cash provided by operating activities  59,911   49,880  
Cash flows from investing activities:     
Capital expenditures  (7,595)  (4,766) 
Proceeds from sale of assets held for investment  -   2,102  
Proceeds from sale of assets  1,239   3,291  
Cash paid for acquisitions  (11,837)  -  
Net cash (used in) provided by investing activities, continuing operations  (18,193)  627  
Net cash provided by investing activities, discontinued operations  -   7,356  
Net cash (used in) provided by investing activities  (18,193)  7,983  
Cash flows from financing activities:     
Borrowings on lines of credit  7,500   8,000  
Repayments of lines of credit  (27,921)  (20,421) 
Purchase of treasury shares  (2,784)  (41,755) 
Dividends paid to shareholders  (6,088)  -  
Net cash used in financing activities  (29,293)  (54,176) 
Effect of exchange rate changes on cash and equivalents  808   (769) 
Net change in cash and cash equivalents  13,233   2,918  
Cash and cash equivalents, beginning of period  26,651   11,706  
Cash and cash equivalents, end of period $39,884  $14,624  



Reconciliation of Non-GAAP Measures

CSW INDUSTRIALS, INC. 
RECONCILIATION OF GAAP OPERATING INCOME - CONTINUING OPERATIONS TO ADJUSTED OPERATING INCOME - CONTINUING OPERATIONS 
(Unaudited) 
          
                
(Amounts in thousands)Three Months Ended December 31, Nine Months Ended December 31, 
  2019 2018 2019 2018 
          
GAAP Operating Income - Continuing Operations$10,488 $9,421 $50,932  $44,369  
          
Adjusting items:        
 Gain on sale of property & other -  -  (776)  (1,839) 
          
Adjusted Operating Income - Continuing Operations$10,488 $9,421 $50,156  $42,530  





CSW INDUSTRIALS, INC. 
RECONCILIATION OF GAAP NET INCOME - CONTINUING OPERATIONS TO ADJUSTED NET INCOME - CONTINUING OPERATIONS 
(Unaudited) 
          
          
(Amounts in thousands, except per share amounts)Three Months Ended December 31, Nine Months Ended December 31, 
  2019 2018 2019 2018 
          
GAAP Net Income - Continuing Operations$7,282  $5,997 $31,445  $32,427  
          
Adjusting items, net of tax:        
 Gain on sale of property & other 357   -  (225)  (1,361) 
 Pension Termination -   -  5,377   -  
 Discrete Tax Provisions & Other (267)  1,009  (811)  452  
          
Adjusted Net Income - Continuing Operations$7,372  $7,006 $35,786  $31,518  
          
GAAP Diluted income per common share, Continuing operations$0.48  $0.39 $2.07  $2.07  
          
Adjusting items, per diluted common share:        
 Gain on sale of property & other 0.02   -  (0.02)  (0.08) 
 Pension Termination -   -  0.35   -  
 Discrete Tax Provisions & Other (0.02)  0.07  (0.05)  0.03  
          
Adjusted earnings per diluted common share$0.48  $0.46 $2.35  $2.02  





CSW INDUSTRIALS, INC. 
RECONCILIATION OF GAAP SEGMENT OPERATING INCOME TO ADJUSTED SEGMENT OPERATING INCOME 
(Unaudited) 
                  
                                  
(Amounts in thousands, except percentages)Three Months Ended December 31, 2019 Three Months Ended December 31, 2018 
  Industrial Products Specialty Chemicals Corporate and Other Consolidated Continuing Operations Industrial Products Specialty Chemicals Corporate and Other Consolidated Continuing Operations 
                  
Revenue$48,673  $35,043  $-  $83,716  $43,652  $33,836  $-  $77,488  
                  
Operating Income$8,643  $5,414  $(3,569) $10,488  $8,059  $4,574  $(3,212) $9,421  
                  
Adjusting items:                
None -   -   -   -   -   -   -   -  
                  
Adjusted Operating Income$8,643  $5,414  $(3,569) $10,488  $8,059  $4,574  $(3,212) $9,421  
% of revenue 17.8%  15.4%    12.5%  18.5%  13.5%    12.2% 
                  
    
(Amounts in thousands, except percentages) Nine Months Ended December 31, 2019 Nine Months Ended December 31, 2018 
  Industrial Products Specialty Chemicals Corporate and Other Consolidated Continuing Operations Industrial Products Specialty Chemicals Corporate and Other Consolidated Continuing Operations 
                  
Revenue$174,794  $112,579  $-  $287,373  $152,239  $106,437  $2  $258,678  
                  
Operating Income$42,099  $19,179  $(10,346) $50,932  $36,164  $17,205  $(9,000) $44,369  
                  
Adjusting items:                
Gain on sale of property & other -   (776)  -   (776)  (253)  (1,586)  -   (1,839) 
                  
Adjusted Operating Income$42,099  $18,403  $(10,346) $50,156  $35,911  $15,619  $(9,000) $42,530  
% of revenue 24.1%  16.3%    17.5%  23.6%  14.7%    16.4% 
                  

We use adjusted earnings per share, adjusted net income and adjusted operating income, together with financial measures prepared in accordance with GAAP, such as revenue, income from operations, operating expense, operating income and net income, to assess our historical and prospective operating performance and to enhance our understanding of our core operating performance. We also believe these measures are useful for investors to assess the operating performance of our business without the effect of non-operating items.

EN
04/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CSW Industrials

CSW Industrials Inc: 1 director

A director at CSW Industrials Inc sold 7,826 shares at 230.901USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...

 PRESS RELEASE

CSW Industrials Deploys Over $30 Million, Executing on Acquisition Str...

CSW Industrials Deploys Over $30 Million, Executing on Acquisition Strategy in HVAC/R and Plumbing End Markets, With Focus on Indoor Air Quality Investment Highlights Capital investment of $27.4 million for acquisition of Dust Free®, which offers an extensive line of patented products for residential and commercial indoor air quality and HVAC applicationsValuation represents 7.5x Dust Free’s trailing twelve-months’ EBITDA, excluding future earn-outs, which if achieved would be incrementally accretive to CSWIClosed on two smaller acquisitions, totaling $2.9 million, in plumbing end marketEx...

 PRESS RELEASE

CSW Industrials Reports Fiscal 2024 Third Quarter and Year-to-Date Res...

CSW Industrials Reports Fiscal 2024 Third Quarter and Year-to-Date Results with Record Revenue, Adjusted EPS, and Adjusted EBITDA in Each Reporting Period DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI or the "Company") today reported record results for the fiscal 2024 third quarter and nine-month fiscal year-to-date periods ended December 31, 2023. Fiscal 2024 Third Quarter Highlights (comparisons to fiscal 2023 third quarter) Total revenue increased 2% to $175.0 million due to organic growthNet income attributable to CSWI of $9.2 million, or $16.7 millio...

 PRESS RELEASE

CSW Industrials Appoints Jeff Underwood as Incoming Senior Vice Presid...

CSW Industrials Appoints Jeff Underwood as Incoming Senior Vice President of CSWI and General Manager of its Contractor Solutions Segment DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI or the “Company”) announced that Jeff Underwood has been appointed Senior Vice President of CSWI and General Manager, Contractor Solutions, reporting to Joseph B. Armes, CSW Industrial’s Chairman, Chief Executive Officer, and President, effective April 1, 2024.   Mr. Underwood, who joined CSWI in 2018 and currently leads sales and marketing for the Contractor Solutions segment...

 PRESS RELEASE

CSW Industrials Announces Date for Fiscal Third Quarter 2024 Earnings ...

CSW Industrials Announces Date for Fiscal Third Quarter 2024 Earnings Release Conference Call DALLAS, Jan. 22, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI) announced that it will release its earnings results for the fiscal third quarter ended December 31, 2023 on Thursday, February 1, 2024, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results. Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A liv...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch