ABM Industries (ABM) Tops Q2 EPS by 8c

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ABM Reports Second Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

June 6, 2024 6:58 AM EDT

Revenue up 2% to $2.0 billion, all organic growthNet income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectivelyAdjusted EBITDA of $125.3 million, down 9%Adjusted EPS of $0.87, down 3%Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantlyRaises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from $3.30 to $3.45... More