secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000950170-25-028367
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor posts record FY2024 revenue $1.84B (+4%), net income $235M (+37%); guides FY2025 rev $2.0-2.04B
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- Full-year 2024 revenue $1.84B (+4% YoY), gross profit margin 54% (+410 bps), net income $235M (+37%).
- Adjusted diluted EPS $3.35 (+45% YoY); adjusted EBITDA $443M (+28% YoY).
- Completed acquisition of 2-10 Home Buyers Warranty on Dec 19, 2024; issued $1.47B credit facility.
- Repurchased ~4M shares for $160M in 2024; net cash from ops $270M.
- FY2025 outlook: revenue $2.0-2.04B, adjusted EBITDA $450-475M, gross margin 51.5-53%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000095017025028367/0000950170-25-028367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000095017025028367/ftdr-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-028367

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer