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Aug 08, 2023NEW BRIGHTON, Minn. — NEW BRIGHTON, Minn. — APi Group Corporation (APG) on Thursday reported second-quarter profit of $48 million.
On a per-share basis, the New Brighton, Minnesota-based company said it had profit of 12 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 41 cents per share.
The company posted revenue of $1.77 billion in the period.
APi shares have risen 54% since the beginning of the year. The stock has risen 61% in the last 12 months.
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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