earnings
confidence high
sentiment positive
materiality 0.75
Janus International Q3 revenue $280M (+6.7%), Adj EBITDA $76.2M (+20.4%), raises FY guidance
Janus International Group, Inc.
2023-Q3 EPS reported
$0.68
revenue$802,600,000
- Revenue $280.1M (+6.7% YoY); net income $37.0M (+14.2%); diluted EPS $0.25, adjusted EPS $0.27.
- Adjusted EBITDA $76.2M (+20.4%), margin 27.2% (+310bps); New Construction revenue up 40.3%.
- Net leverage ratio 1.8x, down 1.5x YoY and 0.3x from Q2 2023.
- Raised FY2023 revenue guidance to $1.08-1.09B (prev $1.07-1.09B); Adj EBITDA to $280-290M (prev $269.5-289.5M).
- Trailing 12-month free cash flow conversion of 117% of Adjusted Net Income.