secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0000950170-23-026534
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM Q2 revenue rises 4.5% to $2.0B; GAAP EPS $0.78, adjusted EPS $0.90; dividend $0.22
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- Revenue of $2.0B, up 4.5% YoY, with 2.3% organic growth and 2.2% from acquisitions.
- GAAP net income $51.9M ($0.78 per diluted share) vs $48.8M ($0.72) last year.
- Adjusted net income $60.2M ($0.90 per diluted share) vs $60.2M ($0.89); adjusted EBITDA $137.0M, up 15.2%.
- Aviation organic revenue up 22%; Education +6%; Manufacturing & Distribution +5%; Technical Solutions +15% total but organic -6%.
- Quarterly dividend declared at $0.22 per share, payable August 7, 2023 to holders of record July 6, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017023026534/0000950170-23-026534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017023026534/abm-20230606.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-026534

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