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ABM reports record fiscal Q2 revenue, raises growth targets
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ABM reports record fiscal Q2 revenue, raises growth targets

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ABM Industries (NYSE:ABM), a prominent provider of integrated facility, engineering, and infrastructure solutions, posted record revenue for its fiscal second quarter of 2026, as the company benefited from significant expansion across its core business segments.

The New York-based firm reported total revenue of $2.3 billion for the quarter, an 8.4% increase compared to the same period last year.

This performance was anchored by 6.1% organic growth, complemented by a 2.3% contribution from acquisitions.

Growth was notably broad-based across the company’s portfolio.

The Aviation segment led performance with a 27% increase, followed closely by the ATS segment, which rose 20%.

The Manufacturing & Distribution division also delivered solid results, recording a 17% gain.

Profitability metrics followed the positive top-line trend.

ABM reported net income of $43.1 million, or $0.73 per diluted share.

On an adjusted basis, the company generated net income of $52.9 million, resulting in adjusted earnings per share of $0.90.

Adjusted EBITDA for the period rose to $131.7 million, reflecting the company's focus on operational execution.

Cash flow generation remained robust during the quarter, with operating cash flow reaching $66.2 million and free cash flow totaling $22.4 million.

Following the strong quarterly performance, management reaffirmed its full-year fiscal 2026 adjusted EPS guidance, maintaining the range of $3.85 to $4.15.

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