Headwaters Q4 Profit From Cont. Ops. Rises - Quick Facts

(RTTNews) - Headwaters Incorporated (HW) reported that its fourth-quarter income from continuing operations increased to $13.19 million or $0.18 per share, compared to $3.04 million or $0.05 per share, last year. Net income was $10.25 million or $0.14 per share, compared to a loss of $4.91 million or $0.08 per share, prior year. Adjusted income per share from continuing operations was $0.29 for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Total revenue rose year-over-year to $214.98 million, from $190.11 million, a year ago. Analysts expected revenue of $219.33 million for the quarter.