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News

APi Group Sees Q3 Revenue $1.86B-$1.91B Vs $1.93B Est.; FY24 Revenue $7.15B-$7.35B Vs $7.23B Est.

Author: Benzinga Newsdesk | August 01, 2024 07:39am

Guidance

APi Group reaffirms full year net revenue guidance and narrows full year adjusted EBITDA range

  • Net Revenues of $7,150 to $7,350 million
  • Adjusted EBITDA of $885 to $915 million
  • Adjusted Free Cash Flow Conversion of approximately 70% of adjusted EBITDA

APi Group announces guidance for the third quarter of 2024

  • Net Revenues of $1,860 to $1,910 million
  • Adjusted EBITDA of $240 to $250 million

Posted In: APG

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