Janus International Group ( (JBI) ) has provided an update.
On February 26, 2025, Janus International Group announced its financial results for the fourth quarter and full year of 2024, reporting a total revenue of $963.8 million, a 9.6% decrease from the previous year. The company experienced a decline in net income and adjusted EBITDA due to decreased revenue and increased operating expenses. Despite these challenges, Janus remains confident in its long-term value proposition, having successfully integrated the acquisition of TMC and launched new products. The company has set a virtual annual meeting for June 16, 2025, and provided a financial outlook for 2025, anticipating revenue between $860 million and $890 million and adjusted EBITDA between $175 million and $195 million.
More about Janus International Group
Janus International Group, Inc. is a leading global manufacturer and supplier specializing in turn-key self-storage, commercial, and industrial building solutions. Their primary products include roll-up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies. The company operates from several U.S. and international locations, focusing on access control technologies and building product solutions for the self-storage and other commercial and industrial sectors.
YTD Price Performance: 8.25%
Average Trading Volume: 1,432,482
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.13B
For detailed information about JBI stock, go to TipRanks’ Stock Analysis page.