APi Q1 Adjusted Earnings, Revenue Rise; 2025 Revenue Projection Lifted

MT Newswires Live
01 May

APi (APG) reported Q1 adjusted earnings Thursday of $0.37 per diluted share, up from $0.34 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue for the quarter ended March 31 was $1.72 billion, up from $1.60 billion a year earlier.

Analysts surveyed by FactSet expected $1.65 billion.

For 2025, the safety equipment and services provider lifted its revenue projection to between $7.40 billion and $7.60 billion, up from its previous guidance of $7.30 billion to $7.50 billion

Analysts polled by FactSet expect $7.39 billion.

Shares of the company were up nearly 6% in recent premarket activity.

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