earnings
confidence high
sentiment positive
materiality 0.75
Janus International Q1 revenue up 9.8% to $251.9M, raises FY2023 guidance
Janus International Group, Inc.
2023-Q1 EPS reported
$0.18
revenue$251,904,000
- Revenue $251.9M (+9.8% YoY); net income $26.0M ($0.18 diluted EPS); adjusted EPS $0.18.
- Adjusted EBITDA $61.2M (+37% YoY); margin 24.3% (+480 bps YoY).
- Raised FY2023 revenue guidance to $1.06B-$1.08B; adjusted EBITDA to $253M-$278M.
- Operating cash flow $50.2M; free cash flow $44.2M; net leverage reduced to 2.4x.
- R3 segment revenue up 26.9% YoY, driving growth.