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The Latest Breaking News from Russ Becker

APi Group Plans $250M Buyback Program

APi Group Corp (NYSE:APG) board has authorized a stock repurchase program to purchase up to $250 million of its common stock. "This authorization reflects the Board's confidence in the Company's strong balance sheet, organic revenue growth, and margin expansion opportunities, the strength of its protective moat driven by recurring service revenue and its…

Benzinga · Mar 9, 2022

APi Group Shares Slide After Q4 Results, Clocks 27% Revenue Growth

APi Group Shares Slide After Q4 Results, Clocks 27% Revenue Growth

APi Group Corp (NYSE:APG) reported a fourth-quarter adjusted net revenue increase of 27.2% year-over-year to $1.12 billion, exceeding the consensus of $959.69 million. Reported net revenues increased by 26.1% Y/Y and +27% on an organic basis. Adjusted EPS decreased to $0.29 from $0.33 in 4Q20, beating the consensus of $0.26. The adjusted gross…

Benzinga · Mar 1, 2022

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