ABM Industries(ABM) - 2024 Q2 - Quarterly Results
ABMABM Industries(ABM)2024-06-06 19:02

Exhibit 99.1 ABM REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 2% to 2.0billion,allorganicgrowthNetincomeof2.0 billion, all organic growth • Net income of 43.8 million and GAAP EPS of 0.69,declinesof160.69, declines of 16% and 12%, respectively • Adjusted EBITDA of 125.3 million, down 9% • Adjusted EPS of 0.87,down30.87, down 3% • Operating cash flow of 117.0 million and free cash flow of 101.4million,bothupsignificantlyRaisesoutlookforfiscalyear2024adjustedEPSto101.4 million, both up significantly • Raises outlook for fiscal year 2024 adjusted EPS to 3.40 to $3.50, up from ...