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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. ....
Management s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations together with our consolidated financia. ....
Cost Pressures Continue to Moderate, Driving Improved First-Quarter Earnings; Launched New Frontdoor Mobile App in April; Company Expects to Repurchase approximately $80 Million in Stock in 2023