Workflow
ABM Industries(ABM) - 2024 Q1 - Quarterly Results
ABMABM Industries(ABM)2024-03-06 16:00

Exhibit 99.1 ABM REPORTS FIRST QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 3.9% to 2.1billion,allorganicgrowthNetincomeof2.1 billion, all organic growth • Net income of 44.7 million and GAAP EPS of 0.70,up160.70, up 16% and 21%, respectively, includes certain discrete tax benefits of 4.4 million, or 0.07pershareAdjustedEBITDAof0.07 per share • Adjusted EBITDA of 116.7 million, down 5% • Adjusted EPS of 0.86,up90.86, up 9% • Raises outlook for fiscal year 2024 adjusted EPS to 3.30 to 3.45,upfrom3.45, up from 3.20 to $3.40 (1) NEW YORK, NY - ...