API Group Corp Financial Update

API Group Corp, a business services provider specializing in safety, industrial, and specialty services, recently disclosed its latest financial performance. The company, listed on the New York Stock Exchange, is set to present its quarterly results for the period ending March 31, 2025, on May 1, 2025. Analysts have projected a significant turnaround in earnings per share (EPS), with an average estimate of $0.360 per share, compared to a loss of $1.340 per share in the same quarter of the previous year. This positive shift is attributed to an anticipated revenue increase of 3.35%, with projections reaching $1.65 billion, up from $1.60 billion in the prior year.

For the full fiscal year, analysts are optimistic, forecasting an average EPS of $2.02, a stark contrast to the previous year’s loss of $0.840 per share. Revenue expectations for the year are set at $7.39 billion, marking a growth from $7.02 billion in the prior year. These projections suggest a robust recovery and growth trajectory for API Group Corp.

Compliance and Regulatory Update

In a separate regulatory update, API Group Corp has communicated with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) for the financial year 2016-17. This action complies with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. Notices of this transfer have been published in Business Standard and Mumbai Lakshadeep, both dated April 30, 2025. The information is also available on the company’s website.

These updates reflect API Group Corp’s ongoing commitment to regulatory compliance and transparency, alongside its financial performance improvements.