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 Corporation (NYSE:FSS) reported Q4 2022 net sales of $392 million, an increase of 30% year-over-year. Full-year net sales reached a record $1.43 billion, up 18%. GAAP EPS rose to $0.57 for Q4 and $1.97 for the year, reflecting increases of 78% and 21%, respectively. The company reported a record backlog of $879 million, driven by strong demand. 2023 guidance includes adjusted EPS between $2.15 and $2.40. Net cash generated was $39 million for Q4, supporting growth initiatives and dividends.
Federal Signal Corporation (NYSE: FSS) announced an agreement to acquire Trackless Vehicles Limited for C$54 million (approximately US$40 million), plus a potential C$6 million earn-out payment. Trackless, based in Courtland, Ontario, generated revenues of C$35 million in 2022 and specializes in municipal sidewalk tractors, particularly the MT Series 7 tractor. The acquisition is expected to enhance Federal Signal's municipal product offerings and expand the distribution of Trackless products in North America. Completion of the transaction is anticipated within 90 days and is expected to be accretive in 2023.
Federal Signal Corporation (NYSE: FSS) will announce its fourth quarter earnings on March 1, 2023, before the market opens. A conference call will follow at 10 a.m. Eastern Time, featuring CEO Jennifer L. Sherman and CFO Ian A. Hudson. Investors can access the call via a teleconference or a webcast on the company's website.
Founded in 1901, Federal Signal specializes in environmental and safety solutions for governmental and industrial customers. The company's operational segments include Environmental Solutions and Safety and Security Systems, boasting facilities worldwide.
The Board of Directors of Federal Signal Corporation (NYSE: FSS) has announced a quarterly cash dividend of $0.09 per share on its common stock. This dividend is payable on March 31, 2023, to stockholders of record as of March 17, 2023. Federal Signal, headquartered in Oak Brook, Ill., is recognized for its quality equipment that serves municipal, governmental, industrial, and commercial sectors. With over a century of experience, the company operates in two primary groups: Environmental Solutions and Safety and Security Systems.
On January 4, 2023, Federal Signal Corporation (NYSE: FSS) announced the completion of its acquisition of substantially all assets and operations of Blasters, Inc., a Tampa-based manufacturer of truck-mounted waterblasting equipment. Previously, the purchase agreement was disclosed on November 17, 2022. This acquisition strengthens Federal Signal's position in the environmental solutions market, enhancing its product offerings and expanding market reach.
Federal Signal Corporation (NYSE: FSS) has signed a definitive agreement to acquire Blasters, Inc., a truck-mounted waterblasting equipment manufacturer, for an initial price of $14 million, with a potential earn-out of $8 million. This acquisition aims to enhance Federal Signal's market position in the maintenance and infrastructure sectors, leveraging synergies with its previous acquisition of Mark Rite Lines. The transaction is expected to close in about 90 days, contingent on customary conditions. Both companies anticipate significant growth opportunities from this strategic partnership.
Federal Signal Corporation (NYSE:FSS) reported strong third-quarter results, with net sales of $346 million, up 16% year-over-year, and adjusted EPS of $0.53, a 10% increase. The company raised its full-year adjusted EPS outlook to a range of $1.91 to $2.00 and net sales outlook to between $1.41 billion and $1.44 billion. Orders increased by 9% to $382 million, and the backlog reached a record $824 million, up 69% from the previous year. Despite supply chain disruptions, the company achieved impressive growth in both its Environmental Solutions and Safety and Security Systems groups.
Federal Signal Corporation (NYSE: FSS) will announce its third quarter earnings on November 3, 2022, before market opening. An investor conference call will take place at 10 a.m. ET, featuring CEO Jennifer L. Sherman and CFO Ian A. Hudson. Investors can access the webcast via federalsignal.com. The company specializes in environmental and safety solutions and operates globally, serving municipal, governmental, industrial, and commercial customers. Stay tuned for earnings insights that may affect stock performance.
The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of $0.09 per share on its common stock. This dividend is scheduled for payment on December 2, 2022, to stockholders of record as of November 18, 2022. Federal Signal, founded in 1901 and headquartered in Oak Brook, Illinois, specializes in manufacturing equipment for municipal, governmental, and industrial customers.
Federal Signal Corporation (NYSE: FSS) announced a new five-year $800 million credit facility, replacing its $500 million facility. This includes a $675 million revolving credit facility and a $125 million term loan. The arrangement allows for an increase in borrowing capacity based on EBITDA performance, enhancing financial flexibility for growth initiatives and acquisitions. CEO Jennifer L. Sherman expressed confidence in the more favorable terms, reflecting strong cash flow. Additional details will be disclosed in a Form 8-K filing.
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