earnings
confidence high
sentiment neutral
materiality 0.70
Janus Q2 revenue up 2.4% to $233.5M; adjusted EBITDA down 18%
Janus International Group, Inc.
- Q2 revenue $233.5M (+2.4% YoY); net income $10.7M ($0.08 diluted EPS).
- Adjusted net income $23.9M; adjusted diluted EPS $0.17; adjusted EBITDA $40.2M (-18% YoY), margin 17.2% (-430bps).
- Self-storage revenue +15.4%; New Construction +20.3% (incl. $19.2M from Kiwi II acquisition); Commercial/Other -21.2%.
- Nokē Smart Entry installed units 501,000, up 22.5% YoY; H1 operating cash flow $60.6M, FCF $55.0M.
- Repurchased ~367k shares for $1.9M in quarter.