APi: Q4 Financial Results Overview

APi Group Reports Strong Fourth-Quarter Results

APi Group Corporation, based in New Brighton, Minnesota, announced a net profit of $97 million for the fourth quarter, marking a turnaround from a loss in the same period last year.

Although the company reported a net loss of $1.19 per share, adjusted earnings—which exclude one-time expenses and amortization—stood at 44 cents per share.

These adjusted earnings exceeded analyst expectations, with the consensus from five Zacks Investment Research analysts predicting 40 cents per share.

Quarterly revenue reached $2.12 billion, surpassing the $2.09 billion anticipated by three analysts surveyed by Zacks.

For the full year, APi Group achieved a net income of $302 million, or 69 cents per share, returning to profitability. Annual revenue totaled $7.91 billion.

Looking ahead to the first quarter ending in March, the company forecasts revenue between $1.88 billion and $1.98 billion.

For the entire year, APi Group expects revenue to fall within the range of $8.4 billion to $8.6 billion.

Since the start of the year, APi’s stock has risen by 18%, and over the past twelve months, shares have surged 72%.