Frontdoor Inc. Reports 13% Sales Increase to $426M and 9% Rise in Net Income to $37M in Q1 2025; Adjusted EBITDA Up 41%

Reuters
05-01
<a href="https://laohu8.com/S/FTDR">Frontdoor Inc</a>. Reports 13% Sales Increase to $426M and 9% Rise in Net Income to $37M in Q1 2025; Adjusted EBITDA Up 41%

Frontdoor Inc. announced its financial results for the first quarter of 2025, reporting a 13% increase in sales to $426 million compared to $378 million in the same period in 2024. The company's net income rose by 9% to $37 million, up from $34 million the previous year. Diluted earnings per share increased by 13% to $0.49 from $0.43. Adjusted EBITDA saw a substantial rise of 41% to $100 million, reflecting the company's strong financial performance. Additionally, Frontdoor repurchased $105 million of shares year-to-date through April 2025. The company has updated its full-year outlook, increasing the expected sales range to between $2.03 billion and $2.05 billion and adjusting the anticipated EBITDA range to $500 million to $520 million. The company attributed its positive performance to its strategic focus on improving home warranty member count, scaling non-warranty services, and integrating its recent acquisition of 2-10.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frontdoor Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250501413340) on May 01, 2025, and is solely responsible for the information contained therein.

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