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Interface Guides Q1, FY23 Revenues In Line - Update
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, commercial flooring company Interface, Inc. (TILE) said it expects net sales for the first quarter in a range of $290 million to $305 million and net sales growth of 1 to 5 percent for the full-year 2023.
On average, analysts polled by Thomson Reuters expect revenues of $292 million for the first quarter and revenue growth of 2.5 percent to $1.33 billion for the year.
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Interface Swings To Profit In Q4
Commercial flooring company Interface, Inc. (TILE) reported Tuesday net income for the fourth quarter of $19.56 million or $0.33 per share, compared to a net loss of $24.62 million or $0.42 per share in the prior-year quarter.
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