Frontdoor announces second-quarter 2022 revenue increased 5 percent to $487 million; outlook reflects challenging macroeconomic environment and claims cost inflation; focused on improving execution and rebuilding the core home service plan business

Memphis, tenn.--(business wire)--frontdoor, inc. (nasdaq: ftdr), the nation's leading provider of home service plans, today announced second-quarter 2022 results.                                     financial results     three months ended     june 30, $ millions (except as noted)   2022   2021   change revenue   $ 487   $ 462   5 % gross profit     211     242   (13 )% net income     33     40   (18 )% diluted earnings per share     0.40     0.47   (14 )% adjusted net income(1)     44     65
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