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Jun 30, 2020
Frontdoor Q2 2020 Earnings Report
Reported an 8% increase in revenue, reaching $417 million, and customer retention remained stable at 75%.
Key Takeaways
Frontdoor reported an 8% increase in revenue to $417 million. Despite challenges from COVID-19, the company saw stable customer retention at 75% and an increase in available liquidity. The company is investing in direct-to-consumer marketing and customer retention initiatives.
Revenue increased eight percent to $417 million.
Gross profit margin of 52 percent.
Net income of $49 million.
Adjusted EBITDA of $100 million.
Frontdoor
Frontdoor
Frontdoor Revenue by Segment
Revenue by Segment
Renewals Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Revenue is anticipated to range from $430 million to $440 million, compared to $407 million in the prior year period. Adjusted EBITDA is anticipated to range from $90 million to $100 million, compared to $106 million in the prior year period.
Revenue & Expenses
Visualization of income flow from segment revenue to net income