Financial News | Federal Signal

Federal Signal Corporation Reports Outstanding Third Quarter and Raises Full-Year Outlook

Oak Brook, Illinois, November 2, 2017 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the third quarter ended September 30, 2017.

• Orders of $230 million, up $44 million, or 23%, from last year, including organic growth of $13 million, or 7%

• Net sales of $249 million, up $62.0 million, or 33% compared to last year

• GAAP earnings per share of $0.21, up from $0.12 last year

Wed, 11/01/2017 - 22:33

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Federal Signal Promotes Ian Hudson to Interim Chief Financial Officer

Oak Brook, Illinois, March 27, 2017- Federal Signal Corporation (NYSE: FSS) (the “Company”), a leader in environmental and safety solutions, today announced that its Board of Directors promoted Ian A. Hudson to the position of Interim Chief Financial Officer, effective March 21, 2017. Mr. Hudson succeeds Brian S. Cooper, CFO since May 2013, who has left the Company to pursue other opportunities. Mr. Cooper has entered into a consulting agreement with the Company and will work with Mr. Hudson to facilitate an orderly transition.

Mon, 03/27/2017 - 07:23

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Federal Signal Corporation Announces New $325 Million Credit Facility

OAK BROOK, Ill., Jan. 27, 2016 ‒ Federal Signal Corporation (NYSE:FSS), a leader in environmental
and safety solutions, today announced the completion of a new five-year $325 million revolving
credit facility, to replace its existing $225 million credit facility. The arrangement also provides the
Company with the flexibility to borrow up to an additional $75 million under the new facility, subject
to approval by applicable lenders.

Wed, 01/27/2016 - 16:42

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Federal Signal Corporation Announces Agreement to Sell Bronto Skylift

Oak Brook, Illinois, December 11, 2015 ‒ Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today announced that it has signed a definitive agreement to sell its Bronto Skylift business to Morita Holdings Corporation (TYO: 6455) for €80 million in cash (or approximately $88 million), subject to post-closing adjustments. The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2016. Bronto is currently the only remaining operation in Federal Signal’s Fire Rescue Group.

Fri, 12/11/2015 - 00:02

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Federal Signal Corporation Reports EPS Up 92%

• Net Sales of $222 million for the quarter, up 11% versus last year

• Operating income of $24.8 million for the quarter, up 94% versus last year

• Operating margin of 11.2% for the quarter, up from 6.4% last year

• Earnings per share of $0.23 for the quarter, up 92% compared to $0.12 last year

Thu, 04/30/2015 - 08:35

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Federal Signal Corporation Declares Dividend of $0.06 per Share

Oak Brook, Illinois, April 28, 2015 – The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of six cents ($0.06) per share on its common stock. The dividend is payable on June 9, 2015 to stockholders of record at the close of business on May 19, 2015.

In the first quarter, on February 20, 2015, the Company increased its quarterly cash dividend from $0.03 per share to $0.06 per share.

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Tue, 04/28/2015 - 12:27

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Federal Signal Corporation Finishes Strong Year with Q4 Operating Income up 44%

Oak Brook, IL, March 2, 2015 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2014.

Consolidated net sales for the fourth quarter were $264.4 million, up 20% versus the same quarter a year ago. Fourth quarter income from continuing operations was $23.2 million, equal to $0.36 per diluted share, compared to $26.7 million, or $0.42 per share, in the prior-year quarter.

Mon, 03/02/2015 - 07:09

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Federal Signal to Host Fourth Quarter Conference Call on March 2, 2015

Oak Brook, Illinois, February 17, 2015 - Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, will announce fourth quarter earnings before the market opens on Monday, March 2, 2015. The Company will also host an investor conference call and webcast at 10 a.m. Eastern Time the same day with Dennis J. Martin, president and CEO, Brian S. Cooper, chief financial officer, and Jennifer L. Sherman, chief operating officer.

Tue, 02/17/2015 - 16:16

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Philadelphia Jury Finds in Favor of Federal Signal Corporation in Trial of Firefighter Hearing Loss Claims

Oak Brook, IL, December 9, 2014 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, announced today that a Philadelphia, Pennsylvania jury absolved the Company from any liability in a lawsuit brought by three Philadelphia firefighters and found that the Company’s Q2B electromechanical siren product was not defective. The firefighters claimed that the siren caused them hearing loss. The jury deliberated for less than an hour in exonerating the Company.

Tue, 12/09/2014 - 17:26

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Federal Signal Reports Operating Income Up 32%, Raises EPS Outlook by $0.04

Oak Brook, IL, November 5, 2014 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the third quarter ended September 30, 2014. Consolidated net sales for the third quarter were $219.3 million, up 5% versus the same quarter a year ago. Third quarter income from continuing operations was $15.2 million, equal to $0.24 per diluted share, compared to $16.8 million, equal to $0.26 per diluted share, in the prior-year quarter.

Wed, 11/05/2014 - 07:19

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