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) delivers mission-critical environmental and safety solutions to municipalities, governments, and industries worldwide. This page provides investors and stakeholders with direct access to the company’s latest press releases, financial updates, and operational developments.
Track comprehensive coverage of FSS’s innovations in street cleaning systems, emergency alert technologies, and strategic acquisitions. Stay informed on earnings announcements, product launches, and leadership updates that impact the company’s position in infrastructure maintenance and public safety markets.
Key content includes quarterly financial results, regulatory filings, and progress reports on sustainability initiatives. Bookmark this page for real-time updates on Federal Signal’s advancements in durable equipment manufacturing and integrated safety solutions.
Federal Signal (NYSE: FSS) has completed the acquisition of Hog Technologies for an initial purchase price of $78.1 million, with a potential earn-out of up to $15 million based on 2025 financial targets. The company has also agreed to acquire Hog's manufacturing facility in Stuart, Florida for $14.5 million.
Hog Technologies, founded in 1988, is a leading U.S. manufacturer of truck-mounted road-marking, line-removal, and waterblasting equipment. The company generated annual revenues of $65 million in 2024, with aftermarket parts and services accounting for 35% of total revenues. Hog's product portfolio includes patented rubber- and paint-removal systems, pavement-marking and grinding trucks, and advanced waterblasting units.
The acquisition aligns with Federal Signal's strategic priorities to grow its specialty vehicle platform and strengthen its position in infrastructure maintenance. The transaction, completed on February 12, 2025, is expected to be accretive to earnings and cash flow in 2025.
Federal Signal (NYSE:FSS) reported strong Q3 2024 results with net sales of $474 million, up 6% year-over-year. The company achieved notable improvements with operating income increasing 21% to $75.9 million and GAAP Diluted EPS rising 23% to $0.87. Backlog remained robust at $1.03 billion, up 3% from last year.
The company raised its 2024 adjusted EPS outlook to $3.30-$3.40 and increased EBITDA margin targets for the Safety and Security Systems Group to 18-24%. Operating cash flow showed significant improvement, up 43% to $69 million in Q3.
Federal Signal (NYSE: FSS), a leader in environmental and safety solutions, has announced its participation in the Baird 2024 Global Industrials Conference in Chicago, Illinois, on Tuesday, November 12, 2024. Key executives attending include Jennifer L. Sherman (President and CEO), Ian A. Hudson (SVP and CFO), and Felix M. Boeschen (VP of Corporate Strategy and Investor Relations). Conference materials and investor presentation will be accessible on the company's website investor section at federalsignal.com.
Federal Signal (NYSE: FSS) has announced a quarterly cash dividend of $0.12 per share on its common stock. The dividend will be payable on December 2, 2024 to stockholders of record at the close of business on November 15, 2024. This declaration was made by the company's Board of Directors, demonstrating their commitment to returning value to shareholders.
Federal Signal (NYSE: FSS), a leader in environmental and safety solutions, has announced its upcoming third quarter earnings release and conference call. The company will release its Q3 2024 earnings before market open on Thursday, October 31, 2024. Following the release, Federal Signal will host an investor conference call and webcast at 10 a.m. Eastern Time on the same day.
The call will feature Jennifer L. Sherman, president and CEO, and Ian A. Hudson, senior vice president and CFO. Investors and analysts can access the webcast through the company's website at www.federalsignal.com. For those preferring to join by phone, the teleconference can be accessed 10 minutes before the start by calling 1-877-704-4453 with conference ID 13749732. An archived replay will be available on the company's website shortly after the call, with a replay telephone number of 1-844-512-2921 and pin number 13749732.
Federal Signal (NYSE: FSS) has completed the acquisition of Standard Equipment Company, a leading distributor of specialty maintenance and infrastructure equipment. The acquisition, which closed on October 4, 2024, includes an initial purchase price of $38.8 million and a potential earn-out payment of up to $4.8 million.
Standard Equipment, based in Elmhurst, Illinois, has been a partner for Federal Signal's product lines including Vactor, Elgin, and TRUVAC. This acquisition aligns with Federal Signal's aftermarket growth strategy, expanding its capabilities in parts, services, rental, and used equipment operations. The company expects the acquisition to be accretive to earnings and cash flow in 2025.
Federal Signal (NYSE:FSS) reported strong Q2 2024 results, with double-digit sales and earnings growth. Key highlights include:
- Net sales of $490 million, up 11% year-over-year
- Operating income of $81.1 million, up 37%
- GAAP EPS of $0.99, up 50%
- Adjusted EPS of $0.95, up 42%
- Backlog of $1.08 billion, up 7%
The company raised its 2024 adjusted EPS outlook to $3.20-$3.35 from $2.95-$3.15. Both Environmental Solutions and Safety and Security Systems segments showed impressive growth. Operating cash flow increased by 13% to $41 million, strengthening the company's financial position.
Federal Signal (NYSE:FSS) has announced a quarterly cash dividend of $0.12 per share on its common stock. The dividend will be paid on August 30, 2024 to stockholders of record at the close of business on August 16, 2024. This declaration by the Board of Directors demonstrates the company's commitment to returning value to its shareholders through regular dividend payments.
Federal Signal (NYSE: FSS), a leader in environmental and safety solutions, has announced its upcoming second quarter earnings release and conference call. The company will release its Q2 2024 earnings before the market opens on Thursday, July 25, 2024. Following the release, FSS will host an investor conference call and webcast at 10 a.m. Eastern Time on the same day.
The call will feature Jennifer L. Sherman, president and CEO, and Ian A. Hudson, senior VP and CFO. Investors and analysts can access the webcast at www.federalsignal.com or join the teleconference by calling 1-877-704-4453 with conference ID 13747736. An archived replay will be available on the company's website shortly after the call, with a replay telephone number of 1-844-512-2921 and pin number 13747736.
Ernst & Young announced Jennifer Sherman, CEO of Federal Signal , as an Entrepreneur Of The Year® 2024 Midwest Award winner on June 13, 2024. Sherman was recognized for her leadership in creating long-term value and driving significant company growth. This accolade celebrates her achievements, including a 450% increase in stockholder value and strategic transformation of the company. As a Midwest award winner, Sherman is now in contention for the National Entrepreneur Of The Year 2024 awards, with winners to be announced in November. This recognition places her among a global community of entrepreneurial leaders supported by EY's extensive resources.
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