09:00 AM EDT, 08/01/2024 (MT Newswires) -- Installed Building Products ( IBP ) reported Q2 adjusted net income Thursday of $2.84 per diluted share, up from $2.62 a year earlier.

Analysts polled by Capital IQ expected $2.88.

Net revenue for the quarter ended June 30 was $737.6 million, up from $692.1 million a year earlier.

Analysts surveyed by Capital IQ expected $745 million.

Additionally, the company's board maintained its quarterly dividend at $0.35 per share, payable Sept. 30 to shareholders of record as of Sept. 15.

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