ABM Reports First Quarter Fiscal 2025 Results Revenue up 2.2% to $2.1 billion, including organic growth of 1.6%Net income of $43.6 million and earnings per diluted share of $0.69, versus $44.7 million and $0.70 in the prior year, respectively Adjusted net income of $55.3 million and adjusted earnings per diluted share of $0.87, as compared to $54.8 million, or $0.86 in the prior year, respectivelyAdjusted EBITDA of $120.6 million versus $116.7 million in the prior yearIncreases lower end of fiscal 2025 adjusted EPS outlook by $0.05, now projecting full year adjusted EPS between $3.65 to $3....
ABM Expands and Extends Credit Agreement Upsized Facility Enhances Financial Flexibility with $1.6 Billion Revolving Credit Facility and $600 Million Term Loan NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced the successful expansion and extension of its senior secured credit agreement. The expanded credit facility now totals $2.2 billion, comprising a $1.6 billion revolving credit facility and a $600 million amortizing term loan, with a maturity date of February 26, 2030. The amended facility replaces ABM’s prior credit agreemen...
ABM to Announce First Quarter 2025 Financial Results Conference Call to be Held on March 12, 2025, at 8:30 AM (ET) NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal first quarter 2025 on Wednesday, March 12, 2025, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, March 12, 2025, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, , or b...
A director at ABM Industries Inc sold 10,000 shares at 52.837USD and the significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
ABM Launches New Brand Platform Reinforcing Transformation as an Innovative and Tech-Enabled Solutions Provider Highlighting a Legacy of Excellence, ABM's New Brand Platform Reflects a Commitment to Cutting-edge Facilities and Engineering & Infrastructure Solutions Across a Comprehensive Suite of Hard and Soft Services NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- , a leading provider of facility, engineering, and infrastructure solutions, has unveiled its new brand platform: “Driving possibility, together.” This new positioning emphasizes ABM’s evolution as a future-focused, innovative...
ABM Reports Fourth Quarter and Full Fiscal 2024 Results and Provides Fiscal 2025 Outlook Revenue of $2.2 billion in the fourth quarter, including 3.2% organic growth Net loss of $11.7 million and GAAP loss per share of $0.19 in the fourth quarter, largely reflecting a $59.7 million adjustment to the RavenVolt acquisition cash earn-out Adjusted EBITDA of $128.0 million in the fourth quarter Adjusted EPS of $0.90 in the fourth quarterRepurchased $32.0 million of common stock in the fourth quarter and $55.8 million for full fiscal 2024Raises quarterly dividend 18%, as previously announcedFisca...
ABM Increases Dividend 18% Quarterly dividend increased to $0.265 from $0.225 per common share NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share, which is a 18% increase from the prior quarterly cash dividend of $0.225 per common share. The increased dividend is payable on February 3, 2025, to shareholders of record on January 2, 2025. This will be the Company’s 235th consecutive quarterly cash dividend and represents the 57th consecutive ye...
ABM to Announce Fourth Quarter and Full Year 2024 Financial Results Conference Call to be Held on December 18, 2024, at 8:30 AM (ET) NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal fourth quarter 2024 on Wednesday, December 18, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Wednesday, December 18, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the ...
ABM and Mainspring Energy Sign Strategic Partnership Mainspring’s Linear Generator technology expands ABM’s growing portfolio of turnkey commercial fleet EV Charging and Power Resiliency infrastructure solutions NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- , a leading provider of integrated facility services, infrastructure solutions, and parking management today announced a strategic partnership with ., in which ABM will deploy Mainspring's cutting-edge Linear Generator technology to enhance electric vehicle (“EV”) charging solutions for fleet, commercial and industrial clients that...
ABM Announces Appointment of New General Counsel EVP General Counsel Andrea Newborn retiring; to be succeeded by current SVP and Deputy General Counsel Miranda Tolar NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), one of the world’s largest providers of integrated facility services, infrastructure solutions and parking management, today announced the appointment of Miranda Tolar as Executive Vice President and General Counsel effective January 1, 2025. In this critical role for the Company, Tolar will oversee the legal, compliance, risk and safety organization, succee...
ABM Expands Charger Portfolio with Samsung C&T Charging Solutions Partnership NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- , a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced a distributorship agreement with Charging Solutions, making ABM an authorized distributor and servicer of EVSIS-branded DC Fast Chargers. Samsung C&T Charging Solutions is an equity partner of the Korean DC Fast Chargers manufacturer EVSIS, which is entering the United States market. The EVSIS chargers are versatile and high-quality, with best-in-...
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 (GLO...
ABM to Announce Third Quarter 2024 Financial Results Conference Call to be Held on September 6, 2024, at 8:30 AM (ET) NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- , a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal third quarter 2024 on Friday, September 6, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Friday, September 6, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, , o...
ABM Awarded NASPO ValuePoint® Contract for EV Charging Infrastructure Solutions National contract enables state and local governments to easily and cost-effectively engage ABM’s industry-leading single-source eMobility solutions portfolio NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- , a leading provider of integrated facility services, infrastructure solutions, and parking management, is pleased to announce it has recently been awarded a NASPO ValuePoint® contract for electric vehicle (EV) charging infrastructure. This important contract authorizes ABM to offer its industry-leading, si...
ABM Among 60 Best Companies to Sell For NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named one of Selling Power Magazine’s 60 Best Companies to Sell For in 2024. This is the third consecutive year ABM has been named to the list, recognizing the top companies leading in the alignment of people, processes, and technologies to create effective sales cultures. “We are honored to once again be recognized as one of the best companies to sell for, ref...
ABM Expands Position and Capabilities in Fast-Growing Data Center Industry with Acquisition of Quality Uptime Services NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- ABM Industries Incorporated (together with its subsidiaries, collectively referred to as “ABM” “we,” “us” or “our”) (NYSE: ABM), a leading provider of facility solutions, today announced it has acquired Quality Uptime Services, Inc. (“Quality Uptime”), a prominent player in the critical power services industry for an all-cash purchase price of $119 million. Quality Uptime, headquartered in Bethel, CT, is a leading independent u...
Bryan Herta Autosport Partners with ABM to Showcase EV Capabilities at Pikes Peak International Hill Climb Top American auto racing team taps ABM’s EV charging solutions to power ambitions for record-breaking run COLORADO SPRINGS, Colo., June 20, 2024 (GLOBE NEWSWIRE) -- (“BHA”) will drive Hyundai IONIQ 5 N TA Spec and production vehicles as part of an all-electric effort at the 102nd running of the in Colorado Springs, CO, and is partnering with electric vehicle (“EV”) charging solutions leader (NYSE: ABM) for on-site fast charging. BHA is targeting Electric Production SUV/Crossov...
ABM Announces Partnership with Phoenix’s Three Airports Leading facility solutions provider to provide janitorial services across Phoenix Sky Harbor International Airport (PHX), Deer Valley Airport (DVT), and Goodyear Airport (GYR) in landmark five-year partnership NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- , a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced its latest partnership as the primary janitorial cleaning provider with the City of Phoenix for the city’s three airports: Phoenix Sky Harbor International Airport...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
ABM and Rezcomm Collaborate to Enhance ABM Vantage™ Smart Parking Platform Industry-leading ABM Vantage platform with enhanced Rezcomm technology and scalability to be showcased at 2024 IPMI Parking & Mobility Expo NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure and eMobility solutions, and parking management, has announced the next evolution of ABM Vantage – the groundbreaking solution advancing the parking technology ecosystem. ABM has entered into a strategic partnership with Rezcomm, a leading technology provid...
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