secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0000950170-23-006583
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017023006583/0000950170-23-006583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017023006583/abm-20230308.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-006583

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer