Welcome to our dedicated page for Frontdoor news (Ticker: $FTDR), a resource for investors and traders seeking the latest updates and insights on Frontdoor stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Frontdoor's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Frontdoor's position in the market.
Frontdoor, Inc. (NASDAQ: FTDR) announced the launch of its New HVAC Program, providing special pricing on new HVAC systems for American Home Shield members and Frontdoor app users. The program includes free inspections, exclusive member savings on top brands, flexible payment options, and potential tax credits. A new HVAC system can save homeowners money on energy bills, offer quieter operation, and improve air circulation. The program aims to help homeowners upgrade before the federal refrigerant phase-down in 2025 to avoid higher costs.
Frontdoor, Inc. (NASDAQ: FTDR) reported a 3% revenue increase to $378 million in the first quarter of 2024. The company also saw significant growth in gross profit margin, net income, and Adjusted EBITDA. Frontdoor is optimistic about the relaunch of the American Home Shield brand, aiming to boost demand. The financial performance exceeded expectations, leading to raised outlooks for gross profit margin and Adjusted EBITDA for the full year 2024.
Frontdoor, Inc. (NASDAQ: FTDR) announced that its Frontdoor app has surpassed two million downloads since its launch a year ago. The app allows homeowners to connect with experts for home repair and maintenance needs, offering features like video chat, local vetted pros, exclusive pricing on HVAC systems, and how-to tips. Users can opt for a free version or pay $25 a year for Frontdoor Unlimited, which includes unlimited video chat sessions and discounts on various home services. A -time offer allows consumers to gift a Frontdoor Unlimited membership for $25 and get a second membership for just $1. The app is available on iOS and Android.
