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Janus International Group Reports Fourth Quarter and Full Year 2023 Financial Results and Announces $100 Million Share Repurchase Program [Yahoo! Finance]

Janus International Group, Inc. (JBI) 
Company Research Source: Yahoo! Finance
Achieved 2023 Adjusted EBITDA of $285.6 Million, Up 25.9% Year-over-Year Realized 2023 Free Cash Flow Conversion of Non-GAAP Adjusted Net Income of 142% Initiates Full-year 2024 Revenue and Adjusted EBITDA Guidance Reaffirms Long-Term Outlook for Sustained Organic Growth and Margin Expansion with Best in Class Offerings and Continued Relentless Focus on Execution TEMPLE, Ga., February 28, 2024 BUSINESS WIRE )--Janus International Group, Inc. (NYSE: JBI) ("Janus" or the "Company"), a leading provider of access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced financial results for its fiscal fourth quarter and full year ended December 30, 2023. Fourth Quarter 2023 Highlights Revenue of $263.7 million, a 5.7% decrease compared to $279.7 million for the fourth quarter of 2022, as total Self-Storage revenues were up 2.5% which was more than offset by declines in Commercial and Other of 20.2%. Show less Read more
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