Federal Signal (FSS) Tops Q4 EPS by 1c, Offers Guidance
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Federal Signal Completes Record Year with Strong Fourth Quarter Results, including 30% Net Sales Growth, 55% Increase in Operating Income and 40% Improvement in Backlog; Issues Outlook for 2023
March 1, 2023 8:01 AM ESTOAK BROOK, Ill., March 1, 2023 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2022.Â
Fourth Quarter and Full-Year Highlights
Record Q4 net sales of $392 million, up $90 million, or 30%, from last year; organic growth of $71 million, or 24%Record full-year net sales of $1.43 billion, up $222 million, or 18%, from last year; organic growth of $130 million, or 11%Q4 operating... More