APi Group sees high-single-digit organic growth in Q2; completes $35M bolt-on acquisition

APi Group Corp

2023-Q2 EPS reported $0.17 revenue$3,385,000,000

Preliminary Q2 2023: expects high-single-digit organic net revenue growth, margin expansion, and free cash flow improvement.
Adjusted EBITDA expected at or above midpoint of guidance issued May 4, 2023.
Completed a ~$35M bolt-on acquisition in Safety Services at end of Q2.
Expects at least two additional bolt-on acquisitions in Safety Services during Q3.
Combined annualized net revenue from three acquisitions expected ~$35M in 2024, immediately EBITDA-accretive.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

APi Group Corp reported preliminary financial results for second quarter 2023.

Period: second quarter 2023
Result: preliminary results

Exact text from the filing

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today provided preliminary second quarter 2023 results.

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Source: SEC EDGAR

accession 0000950170-23-032447

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