ABM INDUSTRIES INC /DE/

ABM announced the launch of a robotics program at LaGuardia Airport's award-winning Terminal B, in partnership with LaGuardia Gateway Partners. The pilot program introduces autonomous inspection and cleaning robots, including one of the first robotic quadruped 'dogs' to be deployed in a U.S. airport terminal. This initiative aims to enhance safety, efficiency, and the passenger experience by complementing ABM's human workforce and leveraging existing technology like ABM Performance Solutions and ABM Connect™ for Aviation.

ABM Industries reported its second-quarter results with revenues increasing to $2.29 billion and net income rising to $43.1 million, resulting in diluted earnings per share of $0.73. For the six months ended April 30, 2026, revenues grew to $4.53 billion, though net income slightly decreased to $81.8 million. The company completed the acquisition of WGNSTAR for $283.4 million and continued its restructuring program, incurring $6.8 million in related expenses during the six-month period.

ABM Industries reported its fiscal second quarter 2026 results, with revenue increasing 8.4% to a record $2.3 billion. Net income rose to $43.1 million ($0.73/share) from $42.2 million ($0.67/share) in the prior year, though adjusted net income saw a slight decrease. The company also declared a quarterly dividend of $0.29 per share and reaffirmed its fiscal 2026 adjusted EPS outlook. Key growth drivers included Technical Solutions and Aviation segments.

ABM Industries reported a record second quarter with revenue up 8.4% to $2.3 billion, driven by strong organic growth and acquisitions. Net income increased slightly to $43.1 million, or $0.73 per diluted share. The company highlighted record first-half new sales bookings of $1.2 billion and improved operating and free cash flow. ABM reaffirmed its fiscal 2026 outlook, expecting revenue growth towards the higher end of its previously stated range.

ABM announced it will release its fiscal second quarter 2026 financial results on Friday, June 5, 2026, before market open. The company will host a quarterly conference call on the same day at 8:30 AM ET, accessible via webcast on its website or by dialing in. A supplemental presentation will accompany the webcast, and a replay will be available until June 19, 2026, with the webcast archived for 90 days.

ABM was honored with an Edison Award in the Commercial Technology category for its ABM Connect data intelligence platform. This platform transforms facility operations into data-driven ecosystems, providing real-time visibility and predictive insights. The recognition validates ABM Connect's measurable impact on clients and reinforces ABM's commitment to modernizing facilities management through innovation.