ABM Industries-ABM Reports Third Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

Revenue up 3.3% to $2.1 billion, including organic growth of 2.8%Net income of$ 4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreementAdjusted net income of$ 59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectivelyAdjusted EBITDA of$ 128.1 million, up 2%Raises outlook for fiscal year 2024 Adjusted EPS to $3.48 to$ 3.55, from $3.40 to$ 3.50 (1) NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- A ...