secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000950170-25-061448
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor Q1 revenue up 13% to $426M, Adj EBITDA +41% to $100M; raises full-year outlook
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- Net income rose 9% to $37M ($0.49 diluted EPS); adjusted diluted EPS $0.64 (+46% YoY).
- Gross profit margin improved 380 bps to a Q1 record 55%.
- Full-year revenue guidance raised to $2.03-2.05B; Adj EBITDA raised to $500-520M.
- Share repurchase target increased to at least $200M; $105M repurchased YTD through April.
- Free cash flow $117M in Q1, up 60% YoY; total cash $506M including $322M unrestricted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000095017025061448/0000950170-25-061448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000095017025061448/ftdr-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061448

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