Janus International Group, Inc. ( (JBI) ) has released its Q1 earnings. Here is a breakdown of the information Janus International Group, Inc. presented to its investors.
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Janus International Group, Inc. is a prominent global manufacturer and supplier of self-storage, commercial, and industrial building solutions, offering products like roll-up and swing doors, hallway systems, and facility automation technologies. The company operates from multiple locations both in the U.S. and internationally.
In its first quarter of 2025, Janus International Group reported a total revenue of $210.5 million, marking a 17.3% decline compared to the same period in 2024. The company also recorded a net income of $10.8 million, or $0.08 per diluted share, with adjusted earnings per share at $0.13.
Key financial metrics highlighted a decrease in revenues from both the self-storage and commercial sectors, with self-storage revenues down by 23.1%. Adjusted EBITDA stood at $38.4 million, reflecting a 42.1% drop from the previous year. Despite these declines, the company repurchased 0.6 million shares of common stock for $5.1 million, maintaining a strong balance sheet.
Janus International remains optimistic about its strategic position, reaffirming its full-year 2025 revenue and adjusted EBITDA guidance. The company continues to focus on expanding its market share and enhancing its suite of offerings, leveraging its resilient cash flow and strategic business model.
Looking forward, Janus International Group aims to navigate macroeconomic challenges while seeking opportunities to enhance shareholder value, supported by its robust financial outlook and strategic initiatives.