Frontdoor Inc FTDR

Consumer Cyclical Personal Services

Frontdoor, Inc. is a provider of home warranties in the United States. The Company’s customizable home warranties help customers protect and maintain their homes, typically their assets, from costly and unplanned breakdowns of essential home systems and appliances. The Company operates under the brands American Home Shield, HSA, OneGuard and Landmark Home Warranty. Its annual service subscribe plan covers the repair or replacement of major components of more than 20 home systems and appliances, including electrical, plumbing, heating, ventilation, and air conditioning (HVAC) systems, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as optional coverages for electronics, pools, spas, and pumps. Its operations also include its Streem, a technology platform that uses augmented reality, computer vision and machine learning to, among other things, help home service professionals more quickly and accurately diagnose breakdowns and complete repairs.

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Frontdoor Inc

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Post by whytestockson Feb 28, 2024 9:00pm

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Post# 35905360

Frontdoor Announces Full-Year 2023 Revenue Increased 7% to $

Just In: $FTDR Frontdoor Announces Full-Year 2023 Revenue Increased 7% to $1.78 BillionGross Profit Margin Rebounded 700 bps to 50% in 2023; Record Net Income of $171 Million and Adjusted EBITDA (1) of $346 Million; $120 Million Utilized to Repurchase 3.6 Million Shares; Targeting Higher Revenue and Adjusted EBITDA (1) in 2024 Frontdoor, Inc. ...FTDR - Frontdoor Announces Full-Year 2023 Revenue Increased 7% to $1.78 Billion

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