Key facts
- Quanex expects Q3 revenue to be flat to up 1%.
- Adjusted EBITDA margin is projected to be flat to up 25 basis points.
- The company cited inflation and tariff pressures for its outlook.
Quanex Building Products has issued its financial outlook for the third quarter of the fiscal year. The company projects that its revenue will remain either flat or experience a modest increase of up to 1%. Concurrently, Quanex anticipates its adjusted EBITDA margin will either stay the same or improve by a maximum of 25 basis points. This guidance is being provided in the context of persistent inflation and the impact of tariffs, which are noted as significant pressures on the business.