by Admin, on Aug 7, 2018 12:00:00 AM
by Admin, on Aug 7, 2018 12:00:00 AM
Oak Brook, Illinois, August 7, 2018 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2018.
• Net sales of $291 million, up $67 million, or 30%, from last year, including organic growth of $27 million, or 13%
• Orders of $278 million, up $7 million from last year, including organic growth of 3%
• GAAP EPS of $0.44, up from $0.19 last year
• Adjusted EPS of $0.45, up from $0.23 last year
• Raising full-year adjusted EPS* outlook to a range of $1.26 to $1.32, which would equate to year-over-year improvement of between 48% and 55%
View the complete release
Information on our website may contain unaudited financial info and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements included in information on our website that are not historical are forward-looking statements. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic and political uncertainty, risks and adverse economic effects associated with geopolitical conflicts, legal and regulatory developments, foreign currency exchange rate changes, inflationary pressures, product and price competition, supply chain disruptions, availability and pricing of raw materials, interest rate changes, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, work stoppages, increases in pension funding requirements, cybersecurity risks, increased legal expenses and litigation results and other risks and uncertainties described in filings with the Securities and Exchange Commission.
Contact: Ian Hudson, Chief Financial Officer, +1-630-954-2000,
IHudson@federalsignal.com
1415 West 22nd Street Suite 1100
Oak Brook, IL 60523
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