Quanex swings to $13.9 million Q4 net loss as Tyman lifts sales 66.6%
Quanex reported fourth quarter fiscal 2024 net sales of $492.2 million, up 66.6% from a year earlier, driven by the Tyman acquisition that closed August 1, 2024. The company posted a net loss of $13.9 million, or $0.30 per diluted share, compared with net income of $27.4 million a year earlier, and full-year net income fell to $33.1 million from $82.5 million. Management plans to provide 2025 guidance at a February 6, 2025 Investor and Analyst Day.
Key points
- Q4 net sales $492.2 million vs. $295.5 million; Q4 diluted EPS loss of $0.30 vs. $0.83 profit
- Q4 adjusted diluted EPS $0.61 vs. $0.95 a year earlier; full-year adjusted diluted EPS $2.19 vs. $2.75
- Full-year net sales $1.28 billion, up 13.0%; full-year diluted EPS $0.90 vs. $2.50
- Debt repaid of $53.75 million in Q4; total debt $776.9 million and liquidity $343.3 million as of October 31, 2024
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.