jason industries inc (JASN) Key Developments
Jason Industries, Inc. Announces Quarterly Dividend on Preferred Stock, Payable on July 1, 2015
Jun 26 15
Jason Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend payment on the company's 8.0% Series A Convertible Perpetual Preferred Stock. The dividend on the Series A Preferred Stock will be payable on July 1, 2015, to holders of record at the close of business on May 15, 2015. The quarterly payment will be $20.00 per share.
Jason Industries, Inc., DRONCO AG - M&A Call
Jun 1 15
To discuss the DRONCO acquisition
Jason Industries, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-28-2015 08:00 AM
May 21 15
Jason Industries, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-28-2015 08:00 AM. Venue: InterContinental Boston, 510 Atlantic Ave, Boston, MA 02210, United States. Speakers: David C. Westgate, Chief Executive Officer and Director, Sarah C. Sutton, Chief Financial Officer.
Jason Industries, Inc. Presents at Stifel Industrials Conference 2015, Jun-16-2015 09:10 AM
May 21 15
Jason Industries, Inc. Presents at Stifel Industrials Conference 2015, Jun-16-2015 09:10 AM. Venue: The New York Palace Hotel, 455 Madison Ave., New York, NY 10022, United States. Speakers: Chad Paris, Investor Relations, David C. Westgate, Chief Executive Officer and Director, Sarah C. Sutton, Chief Financial Officer.
Jason Industries, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 27, 2015; Revised Earnings Guidance for the Full Year of 2015
May 5 15
Jason Industries, Inc. reported unaudited consolidated earnings results for the first quarter ended March 27, 2015. For the quarter, net sales were $175,836,000 against $186,536,000 a year ago. Operating income was $5,548,000 against $11,821,000 a year ago. Loss before income taxes was $1,641,000 against income before income taxes of $12,227,000 a year ago. Net loss attributable to the company was $743,000 against net income attributable to the company of $7,735,000 a year ago. Basic and diluted net loss per share available to common shareholders of the company was $0.07 against basic and diluted net income per share available to common shareholders of the company $7,735 a year ago. Net cash provided by operating activities was $3,212,000 against net cash used in operating activities of $15,932,000 a year ago. Payments for property, plant and equipment was $7,235,000 against $4,430,000 a year ago. Adjusted EBITDA was $21,003,000 against $22,128,000 a year ago. The Adjusted EBITDA overall decline of $1.1 million was due primarily to foreign currency translation. Adjusted net income was $2.0 million, or 1.2% of net sales, compared with $7.7 million, or 4.1% of net sales.
For the full year of 2015, the company now expects net sales in the range of $685 to $700 million and Adjusted EBITDA in the range of $84 to $88 million. On a constant currency basis, the company expected revenue growth would be in the range of 2% to 4%. Prior guidance was net sales in the range of $710 million to $725 million and adjusted EBITDA in the range of $84 million to $90 million.