APi Group Corporation (APG) Misses Q1 EPS by 2c, Revenue Beats
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–APi Group Reports First Quarter 2021 Financial Results–
May 12, 2021 7:00 AM EDT-Net revenues of $803 million-
-Reported and adjusted gross margin expansion of 366 and 72 basis points, respectively, for the first quarter 2021-
-Quarter end cash balance of approximately $750 million and net debt to adjusted EBITDA of 1.75x-
NEW BRIGHTON, Minn.--(BUSINESS WIRE)-- APi Group Corporation (NYSE: APG) (APG, APi or the Company) today reported its financial results for the three months ended March 31, 2021.
First Quarter 2021 Highlights:
Reported net revenues declined by 6.4% or $55 million to... More