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Janus International Group Reports Fourth Quarter and Full Year 2024 Financial Results

1. Janus International Group reports a 12.5% revenue decline for Q4 2024. 2. Total revenue reached $230.8 million, down from $263.7 million in Q4 2023.

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$8.64502/27 02:21 PM EDTLatest Updated
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FAQ

Why Bearish?

A significant revenue decline indicates potential challenges for JBI's growth. Historically, similar declines have negatively impacted stock prices.

How important is it?

The reported earnings decline is crucial for investor sentiment and market perception of JBI.

Why Short Term?

The immediate revenue drop could prompt investor concern, impacting stock price quickly.

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JBI
TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced financial results for its fiscal fourth quarter and full year ended December 28, 2024. Fourth Quarter 2024 Highlights Revenue of $230.8 million, a 12.5% decrease compared to $263.7 million for the fourth quarter of 2023, as total Self.

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