Last $19.75 USD
Change Today -0.46 / -2.28%
Volume 84.0K
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quanex building products (NX) Snapshot

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09/16/13 - $21.84
52 Week Low
08/15/13 - $15.66
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quanex building products (NX) Details

Quanex Building Products Corporation, together with its subsidiaries, provides engineered materials and aluminum sheet products worldwide. It produces window and door components for original equipment manufacturers (OEMs) that primarily serve the residential new construction, and residential remodeling and replacement markets. The company’s products include vinyl window and door profiles; insulating glass spacer systems; window and patio door screens; aluminum cladding and other roll formed metal window components; door components, such as thresholds and astragals; patio screen doors and custom window grilles; trim and architectural moldings in various woods; thin film solar panel sealants; and engineered wood flooring. It sells its products through its direct sales force, as well as through distributors and independent sales agents. The company is headquartered in Houston, Texas.

2,565 Employees
Last Reported Date: 12/18/13

quanex building products (NX) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $222.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $383.1K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $310.7K
Principal Accounting Officer, Vice President ...
Total Annual Compensation: $58.5K
Vice President of Investor Relations & Corpor...
Total Annual Compensation: $203.4K
Compensation as of Fiscal Year 2013.

quanex building products (NX) Key Developments

Quanex Building Products Corporation Announces Changes of Auditor

The Audit Committee of Quanex Building Products Corporation dismissed Deloitte & Touche LLP as the company's independent registered public accounting firm, effective immediately. Contemporaneous with the determination to dismiss Deloitte & Touche LLP and with approval of the company's Audit Committee, the company engaged Grant Thornton LLP as the company's independent registered public accounting firm for the year ended October 31, 2014, also to be effective immediately.

Quanex Building Products Corporation Promotes Vince Warne to Technical Services Director

Quanex Building Products Corporation promoted Vince Warne to director of technical services. Warne is an industry veteran, previously working as part of the Quanex Insulating Glass Systems team and serving in many roles, including production supervisor, standard spacer business unit manager, operations manager and process engineering manager. Most recently, Warne served as director of quality for Quanex Insulating Glass Systems where he worked in collaboration with the customer service, quality and production teams to overcome specific product quality challenges and enhance customer service levels.

Quanex Building Products Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2014; Reports Impairment Charges for the First Quarter Ended January 31, 2014

Quanex Building Products Corporation reported unaudited consolidated earnings results for the first quarter ended January 31, 2014. For the quarter, net sales were $202.362 million against $185.713 million a year ago. Operating loss was $5.113 million against $13.685 million a year ago. Loss before income taxes was $5.175 million against $13.915 million a year ago. Net loss was $3.900 million or $0.11 per basic and diluted share against $8.118 million or $0.22 per basic and diluted share a year ago. Cash used for operating activities was $11.484 million against $30.340 million a year ago. Capital expenditures was $6.748 million against $11.500 million a year ago. EBITDA was $5.691 million against LBITDA of $4.028 million a year ago. Book value per common share as of January 31, 2014, was $11.06. For the first quarter ended January 31, 2014, the company reported asset impairment charges of $510,000.


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