Janus International Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023
February 28, 2024 at 06:56 am EST
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Janus International Group, Inc. reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported revenue was USD 263.7 million compared to USD 279.7 million a year ago. Net income was USD 35.8 million compared to USD 32.7 million a year ago.
Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.22 a year ago.
Janus International Group, Inc. is a manufacturer, supplier, and provider of turn-key self-storage, commercial, and industrial building solutions. The Company 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. The Company provides facility and door automation and access control technologies, roll up and swing doors, hallway systems, and relocatable storage Moveable Additional Storage Structures units. It is comprised of three sales channels, including New Construction-Self-storage, R3-Self-storage, and Commercial and Other.