JBI

Janus International Group Announces All-New Internal, Hardwired Smart Lock

Retrieved on: 
Tuesday, April 2, 2024
Commercial Building & Real Estate, Technology, Manufacturing, Construction & Property, Building Systems, Security, Other Manufacturing, Apps, Applications, Software, Mobile, Wireless, Hardware, Janus, Cloud, Automation, LED, JBI, International Marxist Group, Baggage

In addition to the all-new, hardwired smart locking solution, Janus’s Nokē Smart Entry platform also offers a high-tech, battery-powered external smart lock, known as Nokē ONE™.

Key Points: 
  • In addition to the all-new, hardwired smart locking solution, Janus’s Nokē Smart Entry platform also offers a high-tech, battery-powered external smart lock, known as Nokē ONE™.
  • These two smart locking technologies, paired with a full suite of smart entry point products and mobile technology, offer a solution for all self-storage smart access applications.
  • Nokē Ion is a sleek, yet powerful hardwired smart lock that fits on the inside track of the door and boasts an innovative, yet simplified design.
  • The Nokē Smart Entry System by Janus combines its best-in-class self-storage offerings with new and innovative technologies to redefine the total self-storage experience.

Janus International Group Announces Change of Auditor

Retrieved on: 
Friday, March 22, 2024
Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Machinery, Building Systems, Other Construction & Property, Manufacturing, Residential Building & Real Estate, Janus, KPMG LLP, International Marxist Group, Audit committee, BDO, KPMG, JBI, P.C, Accounting

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced that as a result of a review process conducted by the Audit Committee of the Board of Directors, it has changed its independent auditor from BDO USA, P.C.

Key Points: 
  • Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced that as a result of a review process conducted by the Audit Committee of the Board of Directors, it has changed its independent auditor from BDO USA, P.C.
  • ("BDO") to KPMG LLP ("KPMG") effective March 18, 2024.
  • The change of Janus’s independent auditor was made after the Audit Committee of the Board of Directors conducted a competitive selection process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 28, 2024.
  • Janus is working closely with KPMG and BDO to ensure a seamless transition.

Janus International Group Announces Credit Rating Upgrade

Retrieved on: 
Tuesday, March 12, 2024
Other Professional Services, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Building Systems, Professional Services, Other Construction & Property, Manufacturing, Janus, S&P, S&P Global, JBI, International Marxist Group

Janus International Group, Inc. (NYSE: JBI) (“Janus”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced it has received an upgrade to its credit rating by S&P Global Ratings (“S&P”) from “B” to “B+” with a positive outlook based on the resolution of all material weaknesses and low net leverage.

Key Points: 
  • Janus International Group, Inc. (NYSE: JBI) (“Janus”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced it has received an upgrade to its credit rating by S&P Global Ratings (“S&P”) from “B” to “B+” with a positive outlook based on the resolution of all material weaknesses and low net leverage.
  • Anselm Wong, Chief Financial Officer said, “The upgrade in our rating underlies Janus’s financial strength.
  • We are pleased that S&P has acknowledged our strong capital position and continued performance.
  • We remain focused on serving our customers and delivering value for all our stakeholders.”

Janus International Group Reports Fourth Quarter and Full Year 2023 Financial Results and Announces $100 Million Share Repurchase Program

Retrieved on: 
Wednesday, February 28, 2024
Commercial Building & Real Estate, Construction & Property, Janus, Regulation, Amazon Web Services, JBI, International Marxist Group, Share repurchase, Growth, Adjustment, Commercial, Self, Regulation S-K, Hand, Video game

Net income was $35.8 million, or $0.24 per diluted share, compared to $32.7 million, or $0.22 per diluted share, in the fourth quarter of 2022.

Key Points: 
  • Net income was $35.8 million, or $0.24 per diluted share, compared to $32.7 million, or $0.22 per diluted share, in the fourth quarter of 2022.
  • Adjusted earnings per diluted share was $0.24, compared to $0.22 in the fourth quarter of 2022.
  • Net income was $135.7 million, or $0.92 per diluted share, compared to $107.7 million, or $0.73 per diluted share in full year 2022.
  • Adjusted EBITDA in a range of $286 million to $310 million, which represents a 4.3% increase at the midpoint as compared to 2023 levels.

Janus International Group to Report Fourth Quarter and Full Year 2023 Results on February 28, 2024

Retrieved on: 
Wednesday, February 14, 2024
Other Manufacturing, Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, Professional Services, Manufacturing, Other Construction & Property, Other Professional Services, Janus, Domestic, International, JBI, International Marxist Group, Conference, Webcast, Video game

A webcast and conference call will be held that same day at 10:00 a.m.

Key Points: 
  • A webcast and conference call will be held that same day at 10:00 a.m.
  • ET to review the Company’s fourth quarter and full year results and conduct a question-and-answer session.
  • Upon dialing in, please request to join the Janus International Group Fourth Quarter 2023 Earnings Conference Call.
  • To access the replay of the call, dial 1-844-512-2921 (Domestic) or 1-412-317-6671 (International) with pass code 13743925.

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for Both the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Thursday, January 18, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Transcontinental, Overalls, JBI, Average cost, ICS, Share repurchase, Dray, Insurance, J. B. Hunt, DCS, JBT, Sale, CST, JBHT, Acquisition, Internet, Operating cost, FMS, Last, Video game

Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.

Key Points: 
  • Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.
  • In addition, fourth quarter 2023 included a $15.0 million net increase in loss on sale of equipment compared to the prior-year period.
  • Net interest expense in the current quarter increased primarily from higher interest rates and a higher average outstanding debt balance compared to fourth quarter 2022.
  • Fourth Quarter 2023 Segment Revenue: $1.62 billion; down 7%
    Fourth Quarter 2023 Operating Income: $129.9 million; down 28%
    Intermodal volume increased 6% over the same period in 2022.

Clearlake Completes Exit of its Investment in Janus International

Retrieved on: 
Thursday, January 18, 2024
Entrepreneurship, JBI, Partnership, Operation, Element, Software, Investment, Partner (business rank), Nate, Growth, Management

SANTA MONICA, Calif., Jan. 18, 2024 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake" or "the Firm"), an investment firm focused on the industrials, technology, and consumer sectors, today announced that the Firm sold its remaining shares of Janus International Group, Inc. (NYSE: JBI) ("Janus" or the "Company") and fully exited its investment in December.

Key Points: 
  • SANTA MONICA, Calif., Jan. 18, 2024 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake" or "the Firm"), an investment firm focused on the industrials, technology, and consumer sectors, today announced that the Firm sold its remaining shares of Janus International Group, Inc. (NYSE: JBI) ("Janus" or the "Company") and fully exited its investment in December.
  • Janus is a global manufacturer and supplier of turn-key building solutions and access control technologies for the self-storage, commercial, and industrial sectors.
  • Clearlake acquired Janus in February 2018 in partnership with the founding management team and remained its largest shareholder when Janus listed on the New York Stock Exchange in June 2021.
  • "Janus is an example of our O.P.S.® (Operations, People, and Strategy) value creation framework in action," added Nate Mejías, Principal at Clearlake.

Janus International Group and Trojan Storage to Expand Implementation of the Nokē™ Smart Entry System

Retrieved on: 
Tuesday, January 16, 2024
Commercial Building & Real Estate, Technology, Manufacturing, Construction & Property, IOT (Internet of Things), Professional Services, Other Technology, Other Manufacturing, Data Analytics, Mobile, Wireless, Other Construction & Property, Janus, Partnership, International Marxist Group, JBI, Warehouse

Janus and Trojan have partnered to bring Nokē smart technology to 5,000 units across nine of Trojan’s facilities to date.

Key Points: 
  • Janus and Trojan have partnered to bring Nokē smart technology to 5,000 units across nine of Trojan’s facilities to date.
  • “We’ve been incredibly pleased with the rollout of the Nokē system across nine of our facilities.
  • Integrating Nokē ONE smart locks and Nokē’s technology at our entry points has enabled us to further our commitment to providing a first-class storage experience for our customers,” said Brett Henry, President of Trojan Storage.
  • The Nokē Smart Entry System by Janus combines its best-in-class self-storage offerings with new and innovative technologies to redefine the total self-storage experience.

Janus International Group Announces Updates to Board of Directors

Retrieved on: 
Tuesday, January 2, 2024
Other Manufacturing, Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, Professional Services, Manufacturing, IOT (Internet of Things), Other Construction & Property, Other Professional Services, Janus, GIP, Stanley Black, Senior, JBI, Partnership, Securitas, Business, GM, University of Minnesota, Bachelor of Arts, Education, University, International Marxist Group, Knowledge, Securitas AB, United States service academies, Engineering, Electrical engineering, Growth, Compensated emancipation, SMC Corporation, MEP, Partner (business rank), Management

The appointments come following the departures of José E Feliciano and Colin Leonard with Clearlake Capital Group, L.P. (“Clearlake”) who have been directors since 2021.

Key Points: 
  • The appointments come following the departures of José E Feliciano and Colin Leonard with Clearlake Capital Group, L.P. (“Clearlake”) who have been directors since 2021.
  • We believe Janus will be well served with the new director leadership going forward.
  • Tony, Joseph, and Eileen bring a wealth of experience in security, finance, cybersecurity, and technology to the Board, and we look forward to their insights and expertise.
  • On behalf of the entire Board, I would like to thank Clearlake for their steadfast partnership and invaluable insights.

Justice Benefits Inc Unveils Innovative RMTS System to Revolutionize Federal Program Compliance and Efficiency

Retrieved on: 
Monday, November 20, 2023
Government, Documentation, JBI, State, Confidentiality, Justice, Randomness, Medi-Cal, Satellite navigation, Public sector, Algorithm, Medical device

This advanced web-based system is set to redefine how government agencies and public entities manage and document federally funded programs.

Key Points: 
  • This advanced web-based system is set to redefine how government agencies and public entities manage and document federally funded programs.
  • The RMTS system represents a significant leap forward in helping government agencies demonstrate compliance and accountability in their operations.
  • By employing a valid random sampling technique, RMTS accurately captures time and activities, fulfilling documentation requirements for multiple federal revenue programs.
  • A key feature of the RMTS system is its user-friendly interface, designed to cater to users with diverse technical backgrounds.