Janus International (US:JBI)2022-11-11 12:24Q3 2022 Highlights - The company achieved a well-balanced revenue growth of 39.8%, including 35.2% organic YoY growth[10] - Commercial & Other revenue increased by 58.3%[10] - R3 (Restore, Rebuild & Replace) revenue increased by 49.1%[10] - New Construction revenue increased by 13.8%[10] - The Adjusted EBITDA margin was 24.1%, an increase of approximately 480 basis points compared to Q3 2021[10] Q3 2022 Financial Results - Revenue reached $262.5 million, a 39.8% increase[12] - Adjusted EBITDA was $63.3 million, a 74.3% increase with a 24.1% margin[12] - Adjusted Diluted EPS was $0.22[12] - Adjusted Net Income was $32.3 million[12] - Operating Cash Flow was $19.4 million and Free Cash Flow was $16.8 million[12] 2022 Outlook - The company raised its full-year revenue outlook to a range of $990 million to $1.01 billion, representing a 33.3% increase vs 2021 at the midpoint[15] - The company raised its full-year Adjusted EBITDA outlook to a range of $218 million to $225 million, representing a 49.5% increase vs 2021 at the midpoint[15] Leverage - Quarter end leverage ratio of 3.3x – a decrease of 0.6x from Q2 2022[16]