Allegion reports fourth-quarter, full-year 2022 financial results, introduces 2023 outlook

Dublin--(business wire)--allegion plc (nyse: alle), a leading global provider of security products and solutions, today reported fourth-quarter 2022 net revenues of $861.5 million and net earnings of $135.3 million, or $1.53 per share. excluding charges related to restructuring, acquisition and integration costs, amortization expense related to acquired backlog and a fair value of inventory step-up, and a non-operating investment gain, adjusted net earnings were $141 million, or $1.
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