Janus International Group Inc Stock Price, News & Analysis

Janus International Group, Inc. (JBI) reported impressive first-quarter 2022 results, achieving 50.2% revenue growth to $229.5 million, aided by a strong performance in all sales channels. Adjusted EBITDA increased by 37.0% to $44.7 million, with an Adjusted EBITDA margin of 19.5%. Net income rose to $19.7 million, translating to $0.13 per diluted share. The company is raising its full-year revenue guidance to $890 million to $910 million and Adjusted EBITDA guidance to $193 million to $200 million, indicating a positive outlook for 2022.

Janus International Group, Inc. (NYSE: JBI) will release its first quarter 2022 financial results before market open on May 17, 2022. The company plans a webcast and conference call at 10:00 a.m. Eastern time to discuss these results and recent events. The live webcast will be available on the company's website, along with an archived replay. Janus is a global leader in manufacturing self-storage and industrial building solutions, offering products like automated doors and hallway systems.

Janus International Group, Inc. (NYSE: JBI) has unveiled the Nokē Screen, an advanced access control solution designed for the self-storage industry. This innovative product features a customizable graphic display, Wi-Fi and Bluetooth connectivity, and a 2-in-1 controller-keypad design, which enhances functionality and reduces upgrade costs. With seamless migration capabilities and advanced features, including tenant mobile app access and remote control, Nokē Screen aims to meet the growing demand for updated access control systems among self-storage operators, all backed by 24/7 customer support.

Janus International Group reported 58.4% revenue growth for Q4, reaching $235.4 million. Adjusted EBITDA increased 26.7% year-over-year to $43.3 million. Net income was $10.3 million ($0.07 per share), down from $15.1 million ($0.23 per share) due to rising costs. Full-year 2021 revenue grew 36.6% to $750.2 million, but net income declined to $43.8 million ($0.40 per share). For 2022, guidance forecasts revenue of $845 million to $865 million and adjusted EBITDA of $183 million to $190 million, showing continued optimism amid operational challenges.

Janus International Group (NYSE: JBI) will announce its fourth quarter and full year 2021 financial results on Tuesday, March 15, 2022, before the market opens. A webcast and conference call are scheduled for 10:00 a.m. Eastern time to discuss results and engage in a Q&A session. Investors can access the call via the company’s website or by phone. Janus specializes in access control technologies and building product solutions for the self-storage and industrial sectors.

Janus International Group, Inc. (NYSE: JBI) announced participation in the KeyBanc Capital Markets Self Storage Investor Forum on January 6, 2022. As a leading provider of access control technologies and building product solutions, Janus serves the self-storage and commercial sectors. The company manufactures roll-up doors, hallway systems, and facility automation technologies, operating from multiple U.S. locations and six international sites. This forum presents an opportunity for investors to gain insights into the company's strategic directions and market positioning.

Janus International Group (NYSE: JBI) has announced participation in two upcoming investor conferences in November 2021. Senior management will attend the Baird 51st Annual Global Industrial Conference on November 11, 2021, and the Wolfe Virtual Industrial Growth & Technology Conference on November 15, 2021. Janus is known for its innovative access control technologies and building products tailored for the self-storage and industrial sectors.

Janus International Group, Inc. (NYSE: JBI) reported a robust 33.8% revenue growth for Q3 2021 to $187.8 million, aided by significant contributions from recent acquisitions and a recovery in demand. Net income fell to $17.7 million from $20.8 million, impacted by rising raw material, labor, and logistics costs. The company anticipates 2021 revenues between $718 million and $738 million, indicating a promising 32.6% growth compared to the previous year. Janus continues to strengthen its market position with strategic acquisitions and a focus on cost-containment measures.