APi Group Corporation (APG), a safety and specialty services provider, on Wednesday reported a wider loss for the fourth quarter despite revenue growth, mainly because of accrued stock dividend of $590 million on its Series A Preferred Stock.
Net loss attributable to common shareholders was $493 million or $1.19 per share, up from $28 million or $0.07 per share loss a year ago. Excluding one-time items, earnings were $185 million or $0.44 per share.
Operating income increased to $164 million from $116 million last year.
Adjusted EBITDA increased 22% year-on-year to $295 million.
Revenue for the quarter grew 13.8% to $2.117 billion from $1.861 billion in the previous year. On an organic basis, revenue grew 11.1%.
Looking ahead, for the first quarter, the company expects revenue of $1.875 billion to $1.975 billion and adjusted EBITDA of $225 million to $235 million.
For the full year, revenue is projected at $8.4 billion to $8.6 billion, with adjusted EBITDA of $1.140 billion to $1.200 billion.
APi shares closed at $44.99 on Tuesday, up 2%.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.