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Janus International Group Inc (JBI) provides essential updates for stakeholders in the self-storage and industrial solutions sectors. This page aggregates official press releases, financial disclosures, and strategic announcements directly from the company.
Access real-time information on product innovations, quarterly earnings, and operational milestones. Investors will find critical updates on facility automation developments, while industry professionals can track JBI's expansion in North American and international markets.
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Janus International Group, a leading provider of access control technologies and building product solutions, has announced its participation in several upcoming investor conferences. Senior management, including Executive VP and CFO Anselm Wong, will present at Wolfe Research's 17th Annual Global Transportation and Industrials Conference on May 22, 2024, at 4:05pm ET. Additional appearances include the KeyBanc Industrials and Basic Materials Conference on May 30, 2024, and the Stifel 2024 Cross Sector Insight Conference on June 5, 2024. Webcasts of these presentations will be available on the company's investor relations website.
Janus International Group, Inc. (NYSE: JBI) reported 1.0% total revenue growth in the first quarter of 2024. Net income increased by 18.1% to $30.7 million, or $0.21 per diluted share, with adjusted EPS of $0.21. The company achieved an 8.3% year-over-year increase in adjusted EBITDA to $66.3 million. Janus deployed $15.3 million into share repurchases during the quarter and made a $21.9 million debt repayment. They reiterated their full-year 2024 revenue and adjusted EBITDA guidance.
Janus International Group, a leading provider of access control technologies, has successfully completed a repricing of its first lien term loan. The repricing reduces the applicable interest rate on the $600 million loan by 50 bps, improving the Company's financial position. Additionally, the Company prepaid $21.9 million of its First Lien Term Loan due 2030. The market demand and lender support for the repricing reflect positively on Janus International Group's financial stability and strategic planning.
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