earnings
confidence high
sentiment positive
materiality 0.75
Janus reports Q4 net income $35.8M, adjusted EBITDA $74.3M; launches $100M buyback; issues 2024 guidance
Janus International Group, Inc.
2023-FY EPS reported
$0.92
revenue$1,066,400,000
- Q4 revenue $263.7M (-5.7% YoY); net income $35.8M ($0.24 diluted EPS) vs $32.7M ($0.22) YoY.
- Full year 2023 revenue $1,066.4M (+4.6%); net income $135.7M ($0.92 diluted EPS) vs $107.7M ($0.73).
- Adjusted EBITDA FY23 $285.6M (+25.9%); margin 26.8% vs 22.3%; free cash flow conversion 142%.
- Announces $100M share repurchase program; year-end net leverage 1.6x (down 1.2x).
- FY2024 guidance: revenue $1.092-$1.125B (+4% mid); Adj. EBITDA $286-$310M (+4.3% mid).