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

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APi Group Reports Second Quarter and First Half 2020 Financial Results

August 12, 2020 7:46 AM EDT

-Adjusted gross margin expansion of 383 and 351 basis points for the second quarter and the first half of 2020, respectively-

-Operating cash flow of $177 million in the second quarter, compared to $28 million in the prior year-

-Company establishes adjusted EPS guidance range of $0.94 to $1.00 for 2020-

NEW BRIGHTON, Minn.--(BUSINESS WIRE)-- APi Group Corporation (NYSE: APG) (APG, APi or the Company), today reported its financial results for the three and six months ended June 30, 2020.

Second Quarter 2020... More