Short Interest in Frontdoor, Inc (NASDAQ:FTDR) Declines By 8 5% themarketsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themarketsdaily.com Daily Mail and Mail on Sunday newspapers.
Frontdoor shares rose more than 7% in midday trading Wednesday after the home services company posted higher Q2 results and raised its full-year 2023 revenue outlook.
The company reported Q2.
Frontdoor Announces Second-Quarter 2023 Revenue Increased 7% to $523 Million; Gross Profit Increased 840 Basis Points to 52%; Net Income More than Doubled to $70.
Gross Profit Increased 840 Basis Points to 52%; Net Income More than Doubled to $70 Million; Adjusted EBITDA Rose 57% to $121 Million; Repurchased $50 Million of Stock Through July; Raising Full-Year.
Frontdoor: Q2 Earnings Snapshot washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.