Api Group Corp News Today

Insight into Viking Global Investors' Latest Market Maneuvers

Operator: Good morning, ladies and gentlemen, and welcome to APi Group First Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note, this call is being recorded.

APi Group Corp. (APG) on Wednesday reported a net loss attributable to common shareholders for the fourth quarter of $256 million or $1.08 per share, compared to net income of $11 million or $0.

APG's Earnings Report Highlights Substantial Growth and Capital Structure Optimization

APi Group Corp. (APG), a provider of safety and specialty services, on Tuesday, revised its annual revenue outlook and initiated guidance for full-year 2024. For the full year, the company now expects revenue and adjusted EBITDA to be above the midpoint of the previously provided outlook of $6.

On January 2, 2024, Viking Global Investors LP, under the leadership of Andreas Halvorsen (Trades, Portfolio), made a significant adjustment to its investment in APi Group Corp (NYSE:APG). This transaction altered Viking Global's position in APG to 27,887,076 shares, which now represents 3.76% of the firm's portfolio and 16.32% of APG's outstanding shares.

Operator: Good morning, ladies and gentlemen, and welcome to APi Groups Third Quarter 2023 Financial Results Conference Call.

APG's Q3 2023 Earnings Highlight Strong Financial Performance and Raised Full-Year EBITDA Guidance

The Federal Reserve may hike rates one more time, according to a voting member of the Federal Open Markets Committee.

Operator: Good morning, ladies and gentlemen, and welcome to APi Group’s Second Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please note this call is being recorded.