secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0000950170-24-069662
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM Q2 revenue up 2% to $2.0B, adj EPS $0.87, raises FY adj EPS guidance to $3.40-$3.50
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- Revenue $2.0B (+2% organic); net income $43.8M, GAAP EPS $0.69 (down 12% vs prior year).
- Adjusted EPS $0.87 (down 3%); adjusted EBITDA $125.3M (down 9%).
- Operating cash flow $117.0M, free cash flow $101.4M, both significantly improved.
- Full-year FY2024 adjusted EPS guidance raised to $3.40-$3.50 from $3.30-$3.45.
- Declared quarterly dividend of $0.225/share, payable Aug 5, record July 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017024069662/0000950170-24-069662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017024069662/abm-20240307.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-069662

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