secwatch.observer — SEC 8-K summary
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Issuer:     Frontdoor, Inc. (FTDR)
CIK:        0001727263
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001193125-23-056305
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontdoor reports FY2022 revenue up 4% to $1.66B, net income down 45%; guides FY2023 EBITDA $220-240M
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- Full-year 2022 revenue $1.66B (+4% YoY); net income $71M (-45%); diluted EPS $0.87 (-42%).
- Q4 2022 revenue $339M (flat); net income $8M (+24%); adjusted EBITDA $33M (+17%).
- Full-year 2023 outlook: revenue $1.70-1.74B, gross margin 43-45%, adjusted EBITDA $220-240M.
- Q1 2023 outlook: revenue $355-365M, adjusted EBITDA $27-37M.
- New Frontdoor brand to launch in Q2 2023; investor day on March 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1727263/000119312523056305/0001193125-23-056305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1727263/000119312523056305/d425309d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-056305

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