ServiceMaster Global Holdings (SERV) Tops Q4 EPS by 1c; New Stock Buyback Program Approved
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February 25, 2016 7:00 AM EST
Fourth-Quarter 2015
Revenue increased 4% to $601 million with 8% and 6% growth at
AHS and Terminix, respectively
Net income of $17 million, or $0.12 per share, versus $20
million, or $0.15 per share, a year ago
Adjusted net income(1)Â of
$45 million, or $0.33 per share, versus $31 million, or $0.23 per
share, a year ago
Adjusted EBITDA(2)
increased 9% to $124 million from $114 million a year ago
Outlook Full-Year 2016
Revenue of more than $2,750 million or more...
More
February 25, 2016 7:00 AM EST
MEMPHIS, Tenn.--(BUSINESS WIRE)--
ServiceMaster
Global Holdings, Inc. (NYSE: SERV), a leading provider of essential
residential and commercial services, today announced that its Board of
Directors has approved a three-year share repurchase program, under
which the company may repurchase up to $300 million of its outstanding
common stock. As of December 31, 2015, the company had approximately
135.5... More
