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.
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