frontdoor, inc.: Engagement & Upscaling via Technological Advancements 

Frontdoor, Inc. delivered a robust financial performance for the second quarter of 2024, with notable progress on strategic fronts, despite facing macroeconomic challenges and a tough real estate environment. The company reported a revenue increase of 4% reaching $542 million and observed a significant expansion in gross margin, up by 470 basis points to 56%. Adjusted EBITDA improved by 31% to $158 million, and free cash flow saw a substantial rise, more than doubling to $91 million. Concurrently, Frontdoor utilized $83 million of cash to repurchase 2.5 million shares year to date.