Frontdoor(FTDR) - 2024 Q1 - Quarterly Results
FTDRFrontdoor(FTDR)2024-05-02 20:13

Exhibit 99.1 Frontdoor Announces First-Quarter 2024 Revenue Increased 3% to 378Million;GrossProfitMarginExpanded510bpsto51378 Million; Gross Profit Margin Expanded 510 bps to 51%; Net Income of 34 Million and Adjusted EBITDA(1) of $71 Million; Raising Full-Year 2024 Gross Profit Margin and Adjusted EBITDA(2) Outlook; Relaunched the American Home Shield Brand in April MEMPHIS, TENN. — May 2, 2024 — Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home warranties, today announced its first-quarter 2024 results. Financial Results Three M ...