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Griffon Corporation  (GFF)
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   Industry ../Industry/Industry_Profitability.php?ind=109"> Miscellaneous Fabricated Products
   Sector  Basic Materials
 


Desirable achievement by the company during the fiscal first quarter of 2022

company recorded first quarter of 2022 operating surplus of $81.105 millions

Published 2023-02-01T11:17:20+00:00
Goran Soko / CSIMarket.com Contributer

Bordeln_By_Willy_Stahl,_RAS_Reinhardt_Maschinenbau_GmbH__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons GFF delivered very bewildering recent numbers in the Dec 31 2022 report, where Revenues soared by 71.021 % to $649.38 millions, while GFFs' net profit per share grown rapidly by 196.34 % to $0.88 per share, from the corresponding reporting season a year ago.

In contrast to the Q3 Revenues fell by -15.464 % from $768.18 millions and Income per Share dropped by -66.15 % from $2.60 per share.


Bottom-line of $48.702 millions in the financial time-frame closing December 31 2022 increased by 206.46 % from net earnings of $15.892 millions reported in the financial time-frame closing December 31 2022 a year ago. Griffon Corporation also emphasized it's improving profit margins, where net margin rose to 7.5% in financial time-frame closing December 31 2022, and operating margin edged up to 12.49%.
Operating earnings, on the other hand, improved just 138.59% to $81.105 millions.

Griffon Corporation is expected to report next financial recent numbers on April 27, 2023.


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Other GFF's Earnings Reports

Griffon reported third quarter 2022 earnings

Griffon reported second quarter 2022 earnings

Griffon reported first quarter 2022 earnings

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