Federal Signal Completes Record Year with Impressive Fourth Quarter Results, including 15% Net Sales Growth, 35% Operating Income Increase and Strong Cash Generation; Issues 2024 Outlook
Federal Signal (FSS) Prnewswire·2024-02-27 21:00OAK BROOK, Ill., Feb. 27, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights Net sales of $448 million, up $57 million, or 15%, from last year; organic growth of $42 million, or 11% Operating income of $63.1 million, up $16.5 million, or 35%, from last year Operating cash flow of $103 million, up $64 million, or 162%, from last year GAAP EPS of ...