Revenue during the quarter grew 5.24 percent to $430.02 million from $408.61 million in the previous year period. Gross margin for the quarter contracted 40 basis points over the previous year period to 20.82 percent. Total expenses were 97.25 percent of quarterly revenues, down from 97.66 percent for the same period last year. This has led to an improvement of 41 basis points in operating margin to 2.75 percent.

Operating income for the quarter was $11.83 million, compared with $9.58 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $27.09 million compared with $24.73 million in the prior year period. At the same time, adjusted EBITDA margin improved 25 basis points in the quarter to 6.30 percent from 6.05 percent in the last year period.

"I am pleased by the strong first quarter financial and operating performance of the Company. Both businesses continued to make substantial contributions to adjusted EBITDA and allowed us to deliver the twelfth consecutive quarterly year-over-year growth of adjusted EBITDA," said Gary E. Robinette, Ply Gem's chairman and chief executive officer. "The seasonality of our business and the typical winter weather experienced in our market footprints traditionally impacts our ability to leverage the business during the first quarter. However, during the first quarter of 2017, we experienced strong demand for our products largely attributed to favorable winter weather in our key market footprints while our businesses continued to control costs and implement price increases, which will be realized during the remainder of 2017, to offset rising material costs."