ABM Reports Fiscal Third Quarter 2025 Results and Comments on Fiscal 2025 Outlook
1. ABM's revenue increased 6.2% to $2.2 billion, driven by organic growth. 2. Net income rose to $41.8 million, significantly up from $4.7 million last year. 3. The board approved a $150 million increase in share repurchase authorization. 4. Expected adjusted EPS for FY 2025 is at the low end of $3.65 to $3.80. 5. Restructuring program expected to save $35 million annually by early fiscal 2026.