---
title: Federal Signal Raises Full-Year Outlook after Record Second Quarter
description: Oak Brook, Illinois, July 31, 2019 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2019. • Net sales of $324 million, up $33 million, or 11%, from last year • Operating income of $46.3 million, up $8.2 million, or 22%, from last year • GAAP EPS of $0.54, up $0.10, or 23%, from
---

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### Federal Signal Raises Full-Year Outlook after Record Second Quarter

by [Admin](https://www.federalsignal.com/fs-news/author/admin), on Jul 31, 2019 12:00:00 AM

**Oak Brook, Illinois, **July 31, 2019 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2019.

• Net sales of $324 million, up $33 million, or 11%, from last year

• Operating income of $46.3 million, up $8.2 million, or 22%, from last year

• GAAP EPS of $0.54, up $0.10, or 23%, from last year

• Adjusted EPS of $0.55, up $0.11, or 25%, from last year

• Executed new five-year $500 million revolving credit facility

• Raising full-year adjusted EPS* outlook to a new range of $1.64 to $1.72, from the previous range of $1.50 to $1.60

Consolidated net sales for the second quarter were $324.3 million, a record for the Company, and up $33.3 million, or 11%, versus the same quarter a year ago. Net income for the second quarter was $32.8 million, equal to $0.54 per diluted share, compared to $26.9 million, equal to $0.44 per share, in the prior-year quarter.

The Company also reported adjusted net income for the second quarter of $33.6 million, equal to $0.55 per diluted share, another Company record, and up from $27.1 million, or $0.44 per diluted share, in the second quarter of last year. The Company is reporting adjusted results to facilitate comparisons of underlying performance on a year-over-year basis. A reconciliation of these and other non-GAAP measures is provided at the conclusion of this news release.

[View and print ](https://www.federalsignal.com/hubfs/fss_2019-7-31_q2_2019_earnings_release.pdf)the complete release

Topics:[Investor news](https://www.federalsignal.com/fs-news/topic/investor-news)[earnings release](https://www.federalsignal.com/fs-news/topic/earnings-release)

## Comments

## Safe Harbor

### “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

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](mailto:IHudson@federalsignal.com)

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