APi Group Reports Second Quarter and First Half 2020 Financial Results

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Go back to APi Group Reports Second Quarter and First Half 2020 Financial Results

APi Group Corporation (APG) Reports Q2 EPS of $0.32, Offers FY Guidance

August 12, 2020 7:48 AM EDT

APi Group Corporation (NYSE: APG) reported Q2 EPS of $0.32, versus $0.29 reported last year. Revenue for the quarter came in at $889 million, versus $1.1 billion reported last year.

GUIDANCE:

APi Group Corporation sees FY2020 EPS of $0.94-$1.00. APi Group Corporation sees FY2020 revenue of $3.4-3.5 billion.

The Company announced it is establishing guidance for 2020 and believes that adjusted net revenues for the year will range between $3.4 to $3.5 billion, adjusted EBITDA will range between $345 to $355 million, and adjusted EPS will range between $0.94 to $1.00 based on an adjusted fully diluted... More