Webco Industries swings to Q2 net income, sales rise

Webco Industries

03/03/2026 11:11

Overview

Metal tubing maker's fiscal Q2 sales rose 9.4% yr/yr

Net income for fiscal Q2 reached $0.5 mln, reversing prior yr loss

Company repurchased 15,300 shares in fiscal Q2

Outlook

Company did not provide specific guidance for future quarters or fiscal year in its press release

Result Drivers

HIGHER GROSS PROFIT - Gross profit increased to $16.3 mln, or 11.5% of net sales, from $9.9 mln, or 7.6% of net sales, in prior yr qtr

INCREASED SG&A EXPENSES - SG&A expenses rose to $14.2 mln due to higher incentive compensation and inflation in wages

Company press release: ID:nPnXxYfza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
$141.9 mln
Q2 EPS
$0.79
Q2 Net Income
$549,000
Q2 Capex
$4 mln
Q2 Gross Profit
$16.3 mln
Q2 Income from Operations
$2.1 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)