Interface: Q4 Financial Results Overview

Interface Inc. Announces Fourth Quarter Financial Results

Interface Inc. (TILE), headquartered in Atlanta, revealed a net profit of $24.4 million for its fourth quarter, according to a statement released on Tuesday.

The company reported earnings of $0.41 per share. After adjusting for debt repayment and asset impairment charges, adjusted earnings reached $0.49 per share.

During the quarter, Interface generated $349.4 million in revenue from its carpet tile business.

For the entire fiscal year, Interface achieved a net income of $116.1 million, translating to $1.96 per share, with total revenue amounting to $1.39 billion.

Looking ahead to the first quarter ending in March, the company anticipates revenue to fall between $315 million and $325 million.

For the full year, Interface projects revenue will range from $1.42 billion to $1.46 billion.