ABM Industries(ABM) - 2024 Q1 - Quarterly Results

Exhibit 99.1 ABM REPORTS FIRST QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 3.9% to $2.1 billion, all organic growth • Net income of $44.7 million and GAAP EPS of $0.70, up 16% and 21%, respectively, includes certain discrete tax benefits of $4.4 million, or $0.07 per share • Adjusted EBITDA of $116.7 million, down 5% • Adjusted EPS of $0.86, up 9% • Raises outlook for fiscal year 2024 adjusted EPS to $3.30 to $3.45, up from $3.20 to $3.40 (1) NEW YORK, NY - ...