Federal Signal (US:FSS)2020-11-09 20:20Financial Performance - Net sales decreased by 9% from $309 million to $280 million[4] - Operating income decreased by 12% from $38.6 million to $34.0 million[4, 6] - Adjusted EBITDA decreased by 8% from $49.8 million to $45.9 million[4, 6] - GAAP EPS decreased by 11% from $0.46 to $0.41[4] - Adjusted EPS decreased by 11% from $0.47 to $0.42[4] Orders and Backlog - Orders increased by 32%, or $65 million, compared to Q2 2020, reaching $266 million[4] - Backlog reached $320 million[4] Segment Performance (ESG) - ESG sales decreased by 9% from $254.0 million to $231.0 million[6] - ESG adjusted EBITDA decreased by 5% from $46.0 million to $43.9 million[6] Financial Position - Cash and cash equivalents totaled $66.2 million[12] - Net debt was approximately $173 million[12]