APi Group Corporation (APG) Tops Q2 EPS by 2c

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APi Group Reports Second Quarter and First Half 2022 Financial Results

August 4, 2022 6:45 AM EDT

-Record second quarter net revenues of $1.6 billion-

-Reported net revenues increased by 69% and net revenues increased on an organic basis by 12% in the second quarter-

-Reported and adjusted gross margin expansion of 270 and 282 basis points, respectively, in the second quarter-

-Record second quarter adjusted EBITDA of $176 million-

-Record second quarter adjusted diluted earnings per share of $0.37-

NEW BRIGHTON, Minn.--(BUSINESS WIRE)-- APi Group Corporation (NYSE: APG) (APG, APi or the Company) today reported its... More