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AI brief of an SEC Form 8-K · ABM Industries (ABM)

ABM posts Q4 net loss of $11.7 million on $59.7 million acquisition charge

Mixed Impact 4 of 5 earnings Written later

ABM reported fourth-quarter fiscal 2024 revenue of $2.2 billion, up 4.0%, but swung to a net loss of $11.7 million, or $0.19 per share, from net income of $62.8 million a year earlier. The loss was largely driven by a $59.7 million increase in contingent consideration tied to the RavenVolt acquisition, while adjusted EPS fell 11% to $0.90. The company also expects fiscal 2025 adjusted EPS of $3.60 to $3.80 and raised its quarterly dividend 17.8%.

Key points

  • Q4 revenue of $2.2 billion, up 4.0%, with organic growth of 3.2%
  • Q4 net loss of $11.7 million ($0.19 per share) vs. net income of $62.8 million ($0.96 per share) a year earlier
  • Q4 adjusted EPS of $0.90 vs. $1.01 a year earlier; fiscal 2024 net income of $81.4 million vs. $251.3 million
  • Fiscal 2025 adjusted EPS outlook of $3.60 to $3.80; quarterly dividend raised to $0.265 from $0.225

The filing

CompanyABM Industries (ABM)
Form8-K, current report
Filed with the SECDec 18, 2024, 7:03 AM ET
Accession number0000950170-24-137611

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.