Janus International Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 06:57 am EST
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Janus International Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 280.1 million compared to USD 262.5 million a year ago. Net income was USD 37 million compared to USD 32.4 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to USD 0.22 a year ago.
For the nine months, revenue was USD 802.6 million compared to USD 739.8 million a year ago. Net income was USD 100 million compared to USD 75 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.51 a year ago.
Janus International Group, Inc. is a manufacturer, supplier, and provider of turn-key self-storage, commercial, and industrial building solutions. The Company operates through two geographic segments: Janus North America and Janus International. The Janus North America segment is comprised of all the other entities, including Janus International Group, LLC, Betco, Inc., Noke, Inc., Asta Industries, Inc., DBCI, LLC, Access Control Technologies, LLC, Janus Door, LLC, and Steel Door Depot.com, LLC. The Janus International segment is comprised of Janus International Europe Holdings Ltd. (UK). Its production and sales are in Europe and Australia. The Company provides facility and door automation and access control technologies, roll up and swing doors, hallway systems, and relocatable storage Moveable Additional Storage Structures units. It is comprised of three sales channels, including New Construction-Self-storage, R3-Self-storage, and Commercial and Other.
JANUS INTERNATIONAL GROUP, INC. 
