Janus Intl reports Q2 record revenue $270.6M, net income up 62%; raises full-year guidance

Janus International Group, Inc.

2023-Q2 EPS reported $0.43 revenue$522,516,000

Q2 revenue $270.6M (+9.2% YoY); net income $37.0M (+62%), diluted EPS $0.25.
Adjusted EBITDA $74.0M (+46% YoY); margin 27.3% (up 680 bps).
Net leverage ratio reduced to 2.1x (down 1.8x YoY); within 2.0-3.0x target range.
Raised FY2023 revenue guidance to $1.07-1.09B; adjusted EBITDA to $269.5-289.5M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Janus International Group, Inc. reported second quarter ended July 1, 2023 results: revenue $270.6 million, net income $37.0 million, or $0.25 per diluted share. Guidance raised.

Period: second quarter ended July 1, 2023
Revenue: $270.6 million
Net income: $37.0 million, or $0.25 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

and other commercial and industrial sectors, today announced financial results for the second quarter ended July 1, 2023. Second Quarter 2023 Highlights • Revenues of $270.6 million, a 9.2% increase compared to $247.7 million for the second quarter of 2022, driven by strong performance in New Construction up 33.9% and Restore, Rebuild & Replace (“R3”) up

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Source: SEC EDGAR

accession 0001839839-23-000086

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