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.
Frontdoor, Inc. (NASDAQ: FTDR) provides investors and industry observers with timely updates through this dedicated news hub. Track official announcements including quarterly earnings, strategic partnerships, and service innovations from the parent company of American Home Shield and other leading home protection brands.
This resource offers centralized access to press releases detailing operational developments, leadership updates, and technological advancements in home maintenance solutions. Users will find coverage of subscription model enhancements, customer experience initiatives, and market expansion efforts within the home services sector.
Key content categories include financial performance reports, corporate governance changes, and updates to FTDR's multi-brand service offerings. The curated news selection enables stakeholders to monitor the company's progress in merging traditional home warranty expertise with digital-first customer engagement strategies.
Bookmark this page for streamlined tracking of Frontdoor's evolving position in the home services market. For comprehensive understanding of FTDR's business trajectory, combine these updates with SEC filings and annual reports available through official investor relations channels.
Frontdoor, Inc. (NASDAQ: FTDR) has strengthened its commitment to the skilled trade industry by awarding scholarships to students at Moore Tech College of Technology and Erwin Technical College. This initiative aims to empower future contractors and technicians, providing financial aid and networking opportunities through Frontdoor’s contractor network. Over 24 students have received support, reflecting Frontdoor's mission to enhance job creation and community strength. The company emphasizes that skilled trades offer lucrative careers, fostering a pipeline of talent essential for its operations.
Frontdoor, Inc. (NASDAQ: FTDR), a key provider of home service plans, is set to release its third-quarter 2021 financial results on October 28, 2021, at 3:30 p.m. Central time. The results will be discussed in a conference call accessible via phone or webcast, which will include a presentation of highlights. Frontdoor serves approximately 2.2 million customers, responding to over four million service requests annually, showcasing its commitment to hassle-free home ownership.
Frontdoor, Inc. (NASDAQ: FTDR) announced a new share repurchase program totaling $400 million for its common stock. This initiative will extend over three years and is designed to return capital to shareholders while reflecting strong cash flow generation. The program will be funded with cash on hand and operational cash flow, with purchases potentially made in the open market. The execution will depend on market conditions and the company’s financial health, with no obligation to acquire a specific number of shares.
Frontdoor, Inc (NASDAQ: FTDR), a leader in home service plans, will participate in the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 9, 2021. A virtual fireside chat will be hosted by management, and interested parties can access the live webcast here. A replay will be available for 90 days at the company's investor site.
Frontdoor, Inc. (NASDAQ: FTDR) reported second-quarter 2021 results showing an 11% revenue increase to $462 million and an adjusted EBITDA of $114 million, reflecting a 14% rise. Net income fell 17% to $40 million, primarily due to $30 million in debt extinguishment costs. The company anticipates full-year revenue between $1.60 billion and $1.62 billion. CEO Rex Tibbens noted challenges in the real estate channel but expects revenue growth of 9% to 10% in 2021. The total number of home service plans rose to 2.24 million, a 3% increase from last year.
Frontdoor, Inc. (NASDAQ: FTDR) will announce its second-quarter 2021 financial results on August 4, 2021, at 3:30 p.m. Central time, followed by a conference call. Participants can dial in or join via webcast, which will include a slide presentation. Frontdoor serves 2.2 million customers with a network of about 17,500 pre-qualified contractors and provides customizable home service plans. The company is focused on reducing the hassles of homeownership, backed by 50 years of experience in the industry.
Frontdoor, Inc (NASDAQ: FTDR) announces the appointment of Tony Bacos as its first Senior Vice President and Chief Digital Officer. This new role aims to enhance the company's technological transformation in the home service industry. Bacos brings extensive experience from Amazon, where he held multiple leadership positions, and will oversee technology initiatives, including data science and machine learning. Frontdoor serves 2.2 million customers and responds to over four million service requests annually, positioning itself as a leader in home service plans.
Frontdoor, Inc. (NASDAQ: FTDR) has successfully refinanced its capital structure, resulting in an expected annual interest expense reduction of approximately $30 million compared to 2020. The company lowered gross debt by around $350 million in the first half of 2021 and extended average debt maturity by two years. Notably, Frontdoor redeemed its $350 million 6.75% Senior Notes due 2026 and established new credit facilities with a total of $890 million. The refinancing enhances Frontdoor's financial flexibility and strengthens its business position.
Frontdoor, Inc. (NASDAQ: FTDR), the leading provider of home service plans, will participate in the 41st Annual Growth Stock Conference hosted by William Blair. Management will engage in a virtual fireside chat on June 3, 2021. The live webcast can be accessed here, with a replay available on the company website for 60 days post-event.
Frontdoor, Inc (NASDAQ: FTDR), a leader in home service plans, will attend J.P. Morgan’s 49th Annual Global Technology, Media and Communications Conference. Management will participate in a virtual fireside chat on May 25, 2021. The live webcast is accessible here, with a replay available for 60 days post-event at investors.frontdoorhome.com. Frontdoor serves 2.2 million customers and responds to over four million service requests annually.
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