secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0000950170-23-069873
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM reports Q4 FY2023 adjusted EPS $1.01 (+13% YoY); revenue $2.1B (+4.1%); FY2024 adj EPS guidance $3.20-$3.40
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- Q4 revenue $2.1B (+4.1%, organic +3.8%); net income $62.8M; GAAP EPS $0.96 (+32%); adjusted EPS $1.01 (+13%).
- Q4 adjusted EBITDA $144.2M (+10%); adjusted EBITDA margin improved.
- Board approved $150M expansion of existing share repurchase authorization.
- Quarterly dividend of $0.225 per share declared; payable Feb 5, 2024 to holders of record Jan 4, 2024.
- FY2024 adjusted EPS guidance $3.20-$3.40; adjusted EBITDA margin guidance 6.2%-6.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017023069873/0000950170-23-069873-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017023069873/abm-20231213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069873

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