Welcome to our dedicated page for Federal Signal news (Ticker: FSS), a resource for investors and traders seeking the latest updates and insights on Federal Signal stock.
Federal Signal Corporation (NYSE: FSS) is a manufacturing company focused on environmental and safety solutions, with operations organized into the Environmental Solutions Group and the Safety and Security Systems Group. Company news frequently highlights performance in these segments, including net sales growth, operating income, adjusted EBITDA, orders and backlog.
Investors following FSS news can see regular quarterly earnings releases, where Federal Signal reports consolidated results and segment performance. These updates detail net sales and margin trends in the Environmental Solutions Group, which produces street sweepers, sewer cleaners, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies and trailers, and in the Safety and Security Systems Group, which provides campus and community alerting, emergency vehicle-related products and first responder interoperable communications.
Federal Signal’s news flow also includes acquisition announcements and integration updates. Recent releases describe the completed acquisition of Scranton Manufacturing Company LLC d/b/a New Way Trucks, a U.S.-based designer and manufacturer of refuse collection vehicles, and the agreement to acquire Mega Corp., a manufacturer of specialty vehicles and equipment for global metal extraction and construction markets. Earlier, the company reported the acquisition of Hog Technologies, a U.S. manufacturer of truck-mounted road-marking, line-removal and waterblasting equipment.
Other recurring topics in FSS news include dividend declarations, stock repurchase activity, changes to credit facilities and investor conference calls. Together, these items provide insight into Federal Signal’s capital allocation, liquidity, specialty vehicle platform expansion and demand indicators such as record orders and backlog. This news page aggregates such releases so readers can review the company’s recent financial results, strategic transactions and corporate actions in one place.
Federal Signal Corporation (NYSE: FSS) will announce its third quarter earnings on October 29, 2020. The earnings report will be available before market opening, followed by a conference call and webcast at 10 a.m. Eastern Time. CEO Jennifer L. Sherman and CFO Ian A. Hudson will lead the discussion. Investors can access the call by phone or through the company's website, where an archived replay will also be provided shortly after the event.
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Federal Signal Corporation (NYSE: FSS) has announced that CEO Jennifer L. Sherman and CFO Ian Hudson will present at the Raymond James Diversified Industrials Conference on August 25, 2020, at 4:00 p.m. ET. The conference will be held virtually, and the presentation will also be webcast on the company's website, where the accompanying slides will be available. Established in 1901 and headquartered in Oak Brook, Ill., Federal Signal specializes in designing and manufacturing quality equipment for municipal, governmental, industrial, and commercial customers.
Federal Signal Corporation (NYSE:FSS) reported second-quarter results for 2020, with net sales of $270 million, compared to $324 million a year ago. Operating margin was 11.6% and adjusted EBITDA margin was 16.8%. The company generated operating cash flow of $60 million, a 73% increase year-over-year. Net income was $21.4 million ($0.35 per share), down from $32.8 million ($0.54 per share) last year. The company reinstated full-year guidance, projecting adjusted EPS between $1.53 and $1.65.
The Board of Directors of Federal Signal Corporation (NYSE: FSS) has declared a quarterly cash dividend of $0.08 per share on its common stock. This dividend is scheduled for payment on September 4, 2020, to stockholders of record by the close of business on August 21, 2020. Federal Signal, a leading provider of high-quality equipment, serves various sectors, including municipal and industrial markets. Founded in 1901 and headquartered in Oak Brook, Ill., it operates two groups: Environmental Solutions and Safety and Security Systems.
Federal Signal Corporation (NYSE: FSS) will announce its second quarter earnings on July 29, 2020, before the market opens. An investor conference call and webcast will follow at 10 a.m. Eastern Time, featuring CEO Jennifer L. Sherman and CFO Ian A. Hudson. Investors can access the call via the company’s website or by dialing in 10 minutes prior. Federal Signal, established in 1901 and headquartered in Oak Brook, Illinois, specializes in safety and environmental solutions, serving a global market across various sectors.
Federal Signal Corporation (NYSE:FSS) announced the acquisition of assets and operations from Public Works Equipment and Supply, Inc. for $2.5 million. PWE, a distributor in North Carolina, South Carolina, and Tennessee, specializes in maintenance and infrastructure equipment for municipalities and contractors. This acquisition adds a third location in a densely populated region, enhancing Federal Signal's aftermarket business and customer service capabilities. PWE will continue operating within the Environmental Solutions Group, maintaining its focus on high-quality products and services.