earnings
confidence high
sentiment positive
materiality 0.70
Janus Q1 revenue up 1% to $254.5M, adjusted EBITDA +8.3%, margin expands 180bps
Janus International Group, Inc.
2024-Q1 EPS reported
$0.21
revenue$254,500,000
- Net income $30.7M ($0.21 diluted EPS); adjusted EPS $0.21 vs $0.18 YoY.
- Self-Storage revenue up 11.0%; Commercial & Other down 19.2%.
- Adjusted EBITDA $66.3M (+8.3%); margin 26.1% (+180 bps).
- Repurchased 1.02M shares for $15.3M; repaid $21.9M debt post-quarter.
- Reaffirmed FY2024 guidance: revenue $1.092B-$1.125B, adj. EBITDA $286M-$310M.