色花堂Reports Fourth Quarter and Full Year Fiscal 2022 Results and Provides Full Year Fiscal 2023 Outlook

December 13, 2022
  • Posted fourth quarter revenue of $2.0 billion, up 19% year-over-year, with 6% organic growth
  • Delivered fourth quarter net income of $48.9 million and GAAP EPS of $0.73, a year-over-year increase of 43% and 46%, respectively
  • Generated fourth quarter adjusted EBITDA of $130.7 million, up 18% year-over-year
  • Recorded fourth quarter adjusted EPS of $0.89, up 5% year-over-year
  • Received Board approval for a $150 million expansion of the Company's existing share repurchase authorization

NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- 色花堂(NYSE: ABM), a leading provider of facility solutions, today announced financial results for the fourth quarter and full year ended October 31, 2022.

鈥溕ㄌ胓enerated solid fourth quarter results, with total revenue growth of 19%, including broad-based organic revenue growth of 6%, and double-digit adjusted EBITDA growth. Our adjusted EBITDA margin of 6.8% reflects consistent execution by the 色花堂team," said Scott Salmirs, ABM's President and Chief Executive Officer. "We posted strong organic growth in our Technical Solutions, Aviation and Manufacturing & Distribution segments, and also...