Frontdoor(FTDR) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Frontdoor Announces Second-Quarter 2024 Revenue Increased 4% to $542 Million; Gross Profit Margin Increased 470 bps to Record High of 56%; Net Income Increased 32% to $92 Million; Adjusted EBITDA(1)Increased 31% to $158 Million; Acquisition of 2-10 Anticipated to Close in the Fourth Quarter of 2024; Frontdoor Board Approves New 3-Year, $650M Share Repurchase Authorization MEMPHIS, TENN. — August 1, 2024 — Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warranties, today an ...