---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-006583"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T09:04:06.649114+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ABM Q1 FY2023 revenue $2.0B (+3% YoY), adjusted EPS $0.79, reaffirms FY outlook

## Summary
- Revenue $2.0B, up 3% YoY (1% organic); net income $38.5M, GAAP EPS $0.58 down from $1.11.
- Adjusted EPS $0.79 vs $0.94 prior year; adjusted EBITDA $122.7M.
- Reaffirmed fiscal 2023 adjusted EPS outlook; CEO cites labor cost mitigation and lower disinfection revenue.
- Organic growth led by Manufacturing & Distribution and Aviation, both up 6% YoY.
- Quarterly dividend $0.195/share declared, payable May 1, 2023 to holders of record April 6, 2023.

## SEC filing metadata
- accession: 0000950170-23-006583
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000095017023006583/0000950170-23-006583-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000095017023006583/abm-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-006583
- JSON: https://secwatch.observer/filing/0000950170-23-006583.json
- Plain text: https://secwatch.observer/filing/0000950170-23-006583.txt

## Key facts
- Earnings Releases
  ABM INDUSTRIES INC /DE/ reported first quarter of fiscal 2023 results: revenue $2.0 billion, net income $38.5 million, EPS $0.58 per diluted share. Guidance reaffirmed.
  - Period: first quarter of fiscal 2023
  - Revenue: $2.0 billion
  - Net income: $38.5 million
  - EPS: $0.58 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Form 8-K, which is incorporated into this item by reference. --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 ABM REPORTS FIRST QUARTER FISCAL 2023 RESULTS • Grew revenue 3% to $2.0 billion, with 1% organic growth • Delivered net income of $38.5 million and GAAP EPS of $0.58 • Generated adjusted EBITDA of $122.7 million and adjusted EPS of $0.79 • Reaffirmed fiscal
  evidence_url: https://www.sec.gov/Archives/edgar/data/771497/000095017023006583/0000950170-23-006583-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.