Apogee reports Q1 non-GAAP EPS of $0.57, exceeding estimates by $0.16, as revenue declines 1.1% year-over-year.
Apogee (APOG) posted first-quarter non-GAAP earnings per share of $0.57, surpassing estimates by $0.16. Revenue reached $342.7 million, a 1.1% year-over-year decline but $11.16 million above expectations.
The company’s net cash provided by operating activities totaled $7.4 million, an improvement from $19.8 million in net cash used in the same period last year. Apogee reaffirmed its fiscal 2027 outlook despite the revenue dip.
Shares showed limited immediate reaction as investors digested the mixed performance, with earnings beating forecasts but revenue contracting slightly.