secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001104659-22-126607
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM Q4 revenue $2.0B (+19% YoY), GAAP EPS $0.73 (+46%), $150M buyback expansion
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- Q4 revenue $2.0B (+19% YoY, 6% organic); GAAP net income $48.9M ($0.73 EPS) vs $34.3M ($0.50) last year.
- Adjusted EPS $0.89 (+5% YoY); adjusted EBITDA $130.7M (+18%).
- Organic growth: Technical Solutions +12%, Aviation +9%, Manufacturing & Distribution +9%, Education +7%, B&I +3%.
- Board approved $150M expansion of share repurchase authorization.
- FY2023 outlook: expects relatively healthy demand and solid adjusted EBITDA growth with resilient margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000110465922126607/0001104659-22-126607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000110465922126607/tm2232500d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-126607

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