APi Group Corp (APG) released a profit for its second quarter that Increases, from last year in line with the Street estimates.
The company's bottom line came in at $77 million, or $0.16 per share. This compares with $69 million, or $0.15 per share, last year.
Excluding items, APi Group Corp reported adjusted earnings of $164 million or $0.39 per share for the period.
Analysts on average had expected the company to earn $0.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.0% to $1.99 billion from $1.73 billion last year.
APi Group Corp earnings at a glance (GAAP) :
-Earnings: $77 Mln. vs. $69 Mln. last year.-EPS: $0.16 vs. $0.15 last year.-Revenue: $1.99 Bln vs. $1.73 Bln last year.
-Guidance:Next quarter revenue guidance: $1.985 - $2.035 BlnFull year revenue guidance: $7.650 - $7.850 Bln
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