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Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, TX, reported fourth-quarter sales of $1.8 billion, up 2 percent compared to the year-ago period. Net income was $52 million, compared with a net loss of $42.7 million in the fourth quarter of 2017.
For the full year, sales rose 10 percent to $7.7 billion and net income was $205.2 million, compared to $38.8 million a year ago.
Company leaders characterized 2018 as a strong year, citing record sales growth in a volatile market.