FSS - Federal Signal Non-GAAP EPS of $0.67 beats by $0.05 revenue of $442M beats by $16.3M

2023-07-27 08:04:24 ET

• Federal Signal press release ( NYSE: FSS ): Q2 Non-GAAP EPS of $0.67 beats by $0.05 .
• Revenue of $442M (+21% Y/Y) beats by $16.3M .
• Record orders of $480 million, up $67 million, or 16%, from last year
• Record backlog of $1.01 billion, up $212 million, or 27%, from last year
• Raises 2023 adjusted EPS outlook to a new range of $2.30 to $2.46, from the prior range of $2.21 to $2.43
• Increases low end of 2023 net sales outlook range by $30 million; new range of $1.65 billion to $1.72 billion

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