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News Watch
- 11/23/2008 2:42:10 AM
By Chip Brian, SmarTrend Analytics Team
Thursday evening, ABM Industries Incorporated (NYSE:ABM), a facility services contractor, reported net income of $16.4 million, or 32 cents per share, compared to $12 million, or 24 cents per share in the same period a year ago. Revenue of $930.6 million for their third quarter was up from $690.9 million in the year-ago period. Operating profit for the quarter was $29.9 million, compared to $16.1 million last year. Shares of ABM Industries Inc. were down $5.18 to $20.75 in Friday morning trading.
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