Patrick Industries Q3 Profit Falls to $21.06 Million as Revenue Stalls at $975.28 Million

Patrick Industries Inc. (PATK) reported third-quarter earnings of $21.06 million, or $0.64 per share, down from $35.30 million, or $1.01 per share, a year earlier, the company announced. Excluding items, adjusted earnings totaled $33.64 million, or $1.03 per share, for the period. Revenue was essentially flat at $975.28 million, compared with $975.63 million last year, a decline of less than 1%.