Commercial flooring company Interface announced that its first quarter net income was $6.94 million or the period ending April 4, 2021, compared to the a net loss of $102.17 million for the same period a year ago. Adjusted net income was $10 million, compared to $19 million a year ago.
“We delivered solid results for the first quarter 2021 benefiting from our reduced cost structure and a currency tailwind," said Dan Hendrix, chairman and CEO, Interface. "The dynamic market environment is beginning to show tangible signs of recovery, including an 11% sequential increase in orders, primarily driven by rising demand in the Americas and parts of Europe and APAC.