ABM Industries releases third-quarter results

San Francisco’s ABM Industries (ABM), a facility services contractor, reported net income for the third quarter of Fiscal 2007 Wednesday of $12 million, down from $17.3 million in the same quarter last year.

Sales and other income for this most recent quarter were $717.5 million, a 4.1 percent increase from $689.3 million last year.

The company attributes the decrease in net income to $12.8 million in self insurance reserve adjustments.

The company declared a fourth quarter dividend of $0.12 per common share.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Union threatens legal action after Police Commission expands use-of-force policy

San Francisco’s police union is pursuing legal action after the Police Commission… Continue reading

Restorative art on the inside and out

Curator Ericka Scott organizes exhibition of works by prisoners

City Attorney seeks to recoup ‘illegal profits’ gained by Walter Wong through city contracts

San Francisco will seek to recover “illegal profits” gained by well-known permit… Continue reading

SF Police Commission votes to expand use-of-force policy

Decision to bypass union negotiations could set stage for litigation

Free Muni for Youth program expansion halted by SFMTA budget crisis

Low- and moderate-income kids can still travel for free

Most Read