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State: 17.08.2024 | 11PM
Thu, 31.10.2024       Federal Signal
US3138551086

DOWNERS GROVE, Ill., Oct. 31, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported financial results for the third quarter ended September 30, 2024.

Third Quarter Highlights

Net sales of $474 million, up $28 million, or 6%, from last yearOperating income of $75.9 million, up $13.4 million, or 21%, from last yearGAAP Diluted EPS of $0.87, up $0.16, or 23%, from last yearAdjusted EPS of $0.88, up $0.17, or 24%, from last yearBacklog of $1.03 billion, up $27 million, or 3%, from last yearOperating cash flow of $69 million, up $21 million, or 43%, from last yearRaises 2024 adjusted EPS* outlook to a new range of $3.30 to $3.40, from the prior range of $3.20 to $3.35Raises EBITDA margin targets for the Safety and Security Systems Group to a new range of 18% to 24%, from the previous range of 17% to 21%
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