Frontdoor Announces First-Quarter 2024 Revenue Increased 3% to $378 Million [Yahoo! Finance]
Frontdoor, Inc. (FTDR)
Last frontdoor, inc. earnings: 2/26 07:05 am
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Source: Yahoo! Finance
Raising Full-Year 2024 Gross Profit Margin and Adjusted EBITDA Outlook; Relaunched the American Home Shield Brand in April MEMPHIS, Tenn., May 02, 2024 BUSINESS WIRE Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warranties, today announced its first-quarter 2024 results. Financial Results Three Months Ended March 31, $ millions (except as noted) Change Revenue Gross Profit Net Income Diluted Earnings per Share Adjusted Net Income Adjusted Diluted Earnings per Share Adjusted EBITDA Home Warranties (number in millions) First-Quarter 2024 Summary Revenue increased 3% to $378 million and was comprised of an 11% increase from price that was partly offset by an 8% decline from lower volume Gross profit margin expanded 510 basis points to 51% as a result of higher realized price, a transition to higher service fees and continued process improvement initiatives that was partly offset by inflationary cost pressures Net income and D
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FTDR
Earnings
- 5/2/24 - Beat
FTDR
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- FTDR's page on the SEC website