Revenue: As of FY2025 Q3, the actual value is USD 219.3 M, missing the estimate of USD 225.72 M.EPS: As of FY2025 Q3, the actual value is USD 0.11, missing the estimate of USD 0.1535.EBIT: As of FY2025 Q3, the actual value is USD 30 M.<h3>Segment Revenue</h3><ul><li>Total Revenue: $219.3 million, a 4.7% decrease compared to $230.1 million for the third quarter of 2024.</li><li>Self-Storage Revenue: $154.6 million, a 3.7% increase compared to $149.1 million for the third quarter of 2024.</li><li>Commercial and Other Revenue: $64.7 million, a 20.1% decrease compared to $81.0 million for the third quarter of 2024.</li><li>International Revenue: $28.3 million, up 32.9% year-over-year.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $15.2 million, a 28.8% increase compared to $11.8 million for the third quarter of 2024.</li><li>Adjusted Net Income: $22.6 million, a 1.3% increase compared to $22.3 million for the third quarter of 2024.</li><li>Adjusted EBITDA: $43.6 million, a 1.2% increase compared to $43.1 million for the third quarter of 2024, with a margin of 19.9%.</li><li>Adjusted EBITDA Margin: 19.9%, an increase of approximately 120 basis points from the prior year period.</li><li>Gross Profit: $85.7 million, a decrease from $91.2 million for the third quarter of 2024.</li><li>Operating Expenses: $56.3 million, a decrease from $64.5 million for the third quarter of 2024.</li><li>Income from Operations: $29.4 million, an increase from $26.7 million for the third quarter of 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: $114.7 million for the nine months ended September 27, 2025, compared to $102.6 million for the same period in 2024.</li><li>Free Cash Flow: $94.8 million for the nine months ended September 27, 2025, compared to $88.6 million for the same period in 2024.</li><li>Operating Cash Flow: $15.0 million.</li><li>Free Cash Flow: $8.3 million, with a trailing twelve-month free cash flow conversion of Adjusted Net Income at 171%.</li></ul><h3>Unique Metrics</h3><ul><li>Share Repurchase: Repurchased approximately 82 thousand shares of common stock for $0.8 million.</li><li>Remaining Share Repurchase Authorization: $80.5 million at quarter end.</li><li>Nokē Smart Entry System: Total installed units reached 439,000, up 35.9% year-over-year.</li><li>Share Repurchase: Approximately 82 thousand shares repurchased for $0.8 million in the quarter, with a year-to-date total of 1.9 million shares for $16.0 million.</li></ul><h3>Outlook / Guidance</h3><ul><li>Full-Year 2025 Revenue Guidance: Updated to a range of $870 million to $880 million.</li><li>Full-Year 2025 Adjusted EBITDA Guidance: Updated to a range of $164 million to $170 million.</li><li>Capital Expenditures: Expected to be 2.5% to 3.0% of revenue.</li></ul>

Janus | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 219.3 M