Janus International Group, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024
May 09, 2024 at 06:55 am EDT
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Janus International Group, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported revenue was USD 254.5 million compared to USD 251.9 million a year ago. Net income was USD 30.7 million compared to USD 26 million a year ago.
Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.18 a year ago.
Janus International Group, Inc. is a global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions. It operates through two geographic segments: Janus North America and Janus International. The Janus North America segment is comprised of all the other entities, including Janus International Group, LLC, Betco, Inc., Noke, Inc., Asta Industries, Inc., DBCI, LLC, Access Control Technologies, LLC, Janus Door, LLC, and Steel Door Depot.com, LLC. The Janus International segment is comprised of Janus International Europe Holdings Ltd. (UK). Its production and sales are in Europe and Australia. It provides facility and door automation and access control technologies, roll up and swing doors, hallway systems and relocatable storage moveable additional storage structures (MASS) units. It is comprised of three sales channels, including New Construction-Self-storage, R3-Self-storage, and Commercial and Other. It also provides terminal maintenance services.