Encore wire reports first quarter results

Mckinney, texas--(business wire)--encore wire corporation (nasdaq global select: wire) (“encore wire” or the “company”) today announced results for the first quarter of 2024. first quarter highlights first quarter earnings per diluted share of $3.92 first quarter net income of $63.3 million gross profit of 21.5% in the first quarter of 2024; 31.1% in the first quarter of 2023 copper volume shipped in the first quarter of 2024 increased 19.7% over the first quarter of 2023 cash on hand of $614.1.
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