BuildDirect Reports Second Quarter 2024 Financial Results

Delivered Adjusted EBITDA of $0.6 million for Q2 2024; the company has delivered 10 consecutive quarters of positive Adjusted EBITDA.

Revenue and gross profit were $16.2 million and $6.2 million, or 38.2%, respectively in the second quarter of 2024, compared to $19.1 million and $7.6 million, or 39.7%, respectively in the second quarter of 2023. This represents a decline in revenue and gross profit of $2.9 million and $1.4 million, or 150 basis points, respectively, year-over-year.