by Admin, on May 8, 2018 12:00:00 AM
by Admin, on May 8, 2018 12:00:00 AM
Oak Brook, Illinois, May 8, 2018 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2018.
• Net sales of $250 million, up $71.9 million, or 40% compared to last year
• Record first quarter orders of $330 million, up $115 million, or 54%, from last year
• GAAP EPS of $0.21, up 75% from $0.12 last year
• Adjusted EPS of $0.23, up 64% from $0.14 last year
• Raising full-year adjusted EPS* outlook to a range of $1.15 to $1.22, from a range of $1.10 to $1.20
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: direct and indirect impacts of the coronavirus pandemic and the associated government response, risks, and adverse economic effects associated with emerging geopolitical conflicts, product and price competition, supply chain disruptions, work stoppages, availability and pricing of raw materials, cybersecurity risks, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, foreign currency exchange rate changes, interest rate changes, increased legal expenses and litigation results, legal and regulatory developments 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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