US00187Y1001 - Common Stock
Safety and specialty services provider APi (NYSE:APG) fell short of analysts' expectations in Q2 CY2024, with revenue down 2.3% year on year to $1.73 billion. Next quarter's revenue guidance of $1.89 billion also underwhelmed, coming in 2.1% below analysts' estimates. It made a non-GAAP profit of $0.49 per share, improving from its profit of $0.41 per share in the same quarter last year.
APG stock results show that APi Gr beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.