secwatch.observer — SEC 8-K summary
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Issuer:     APi Group Corp (APG)
CIK:        0001796209
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001628280-23-036207
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APi Group Q3 net income +93% YoY to $54M; raises FY adjusted EBITDA guidance
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- Q3 net revenues $1.78B (+2.8% YoY); net income $54M vs $28M; diluted EPS $0.15 vs $0.06.
- Adjusted EBITDA $224M (+20.4%); adjusted EBITDA margin 12.6% (+190bps YoY).
- First nine months net revenues record $5.2B (+~7% reported and organic); double-digit core inspection growth.
- Raising bottom end of full year adjusted EBITDA guidance; 13%+ margin target reiterated for 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1796209/000162828023036207/0001628280-23-036207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1796209/000162828023036207/apg-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-036207

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