Simpson Manufacturing Q3 2024 Earnings: Key Insights and Takeaways

Simpson Manufacturing Co. Reports Q3 2024 Earnings: A Comprehensive Review

On October 21, 2024, Simpson Manufacturing Co., Inc. (NYSE:SSD) hosted its third-quarter 2024 earnings conference call, providing valuable insights into the company’s performance and future prospects.

Key Takeaways

Before diving into the details, it’s essential to note that any forward-looking statements made during the call are subject to risks and uncertainties, which may impact actual future results. The company encourages investors to review the risks described in its public filings and reports, available on the SEC’s website or the company’s corporate website.

Q3 2024 Earnings Highlights

During the call, Kimberly Orlando, Investor Relations representative from ADDO Investor Relations, introduced the company’s leadership team, including Michael Olosky, President and Chief Executive Officer, and Brian Magstadt, Chief Financial Officer and Treasurer.

The company reported its Q3 2024 earnings, highlighting key performance metrics and non-GAAP measures, such as adjusted EBITDA. The earnings press release, issued on the same day at approximately 04:15 P.M. Eastern Time, provides a comprehensive overview of the company’s financial performance.

Conference Call Discussion

Following the formal presentation, the call was opened to questions from participants, including Daniel Moore from CJS Securities, Timothy Wojs from Baird, and Kurt Yinger from D.A. Davidson. The discussion covered various aspects of the company’s operations, strategy, and future outlook.

Important Considerations

When evaluating Simpson Manufacturing Co.’s Q3 2024 earnings, it’s crucial to consider the company’s forward-looking statements in the context of the risks and uncertainties outlined in its public filings and reports. Additionally, investors should review the non-GAAP measures used by the company and reconcile them to the most comparable GAAP measures.

By carefully analyzing the company’s performance and prospects, investors can gain a deeper understanding of Simpson Manufacturing Co.’s position in the market and make informed decisions about their investments.

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