Headwaters Q1 Loss Narrows

(RTTNews) - Headwaters Incorporated (HW) reported that its first-quarter net loss attributable to the company of $1.4 million or $0.02 per share, narrower than $5.9 million or $0.09 per share, last year.

Loss per share from continuing operations was $0.03, narrower than $0.06 last year. Adjusted income per share from continuing operations rose to $0.07 from $0.05 in the prior year quarter.

On average, five analysts polled by Thomson Reuters expected the company to report loss per share of $0.02 for the quarter. Analysts' estimates typically exclude special items.

Total revenue rose to $165.62 million from $149.57 million, a year ago, while five analysts expected revenue of $159.77 million for the quarter.