secwatch.observer — SEC 8-K summary
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Issuer:     Janus International Group, Inc. (JBI)
CIK:        0001839839
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001839839-23-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Janus International Q1 revenue up 9.8% to $251.9M, raises FY2023 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839839/000183983923000041/0001839839-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839839/000183983923000041/jbi-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001839839-23-000041

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