NEW BRIGHTON, Minn. (AP) — NEW BRIGHTON, Minn. (AP) — APi Group Corporation (APG) on Thursday reported first-quarter net income of $57 million.
On a per-share basis, the New Brighton, Minnesota-based company said it had profit of 12 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.
The company posted revenue of $1.98 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.91 billion.
For the current quarter ending in June, APi said it expects revenue in the range of $2.17 billion to $2.23 billion.
The company expects full-year revenue in the range of $8.48 billion to $8.68 billion.
APi shares have climbed 27% since the beginning of the year. The stock has climbed 95% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APG at https://www.zacks.com/ap/APG
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
