APi Group Reports First Quarter 2024 Financial Results
APi Group Corporation (APG)
Company Research
Source: Business Wire
-Record first quarter net income of $45 million, representing year-over-year growth of 73%--Record first quarter adjusted EBITDA of $175 million, representing year-over-year growth of 19%--Simplifies capital structure by retiring all outstanding Series B Preferred Stock--Enters new, adjacent service market with agreement to acquire Elevated Facility Services Group- NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today reported its financial results for the three months ended March 31, 2024.Russ Becker, APi’s President and Chief Executive Officer stated: “The start of 2024 has been significant as we are off to another solid start. First and most importantly, the team has made continued progress executing on our margin expansion initiatives as we push towards our 13% or more adjusted EBITDA margin target in 2025. I would like to thank our approximately 29,000 leaders for their unwavering commitment to APi.We recently completed the Seri
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APG
News
- APi Group Announces Successful Completion of Debt Refinancing and Provides Update on Upcoming Investor ConferenceBusiness Wire
- Here's Why APi Group (APG) Rose in Q1 [Yahoo! Finance]Yahoo! Finance
- APi Group Corporation (NYSE:APG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- The National Fire Sprinkler Association's Class of 2024: Honoring Fire Sprinkler Industry Greats [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy APi Group (APG) Stock? [Yahoo! Finance]Yahoo! Finance
APG
Earnings
- 5/2/24 - Beat
APG
Sec Filings
- 5/13/24 - Form 8-K
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- APG's page on the SEC website