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

Previous story
Billy Bob’s ‘Beautiful’ music
Next story
Hsu in Colorado hospital, transfer date to California unknown

Just Posted

Badly needed rain cooled off pedestrians on Market Street in The City on Wednesday. (Kevin N. Hume/The Examiner)
Storm door opens in San Francisco — what will the rains bring?

‘Come Monday, fire season in Northern California should be done’

Newly appointed City Attorney David Chiu will play a key role in an upcoming legal battle between gig economy companies and The City. (Sheila Fitzgerald/Shutterstock)
City Attorney David Chiu faces immediate test in major gig economy lawsuit

DoorDash and Grubhub are suing San Francisco over price controls

FILE — In-N-Out Burger, the popular California fast-food chain, is resisting San Francisco's public health rules that require indoor diners to show proof of vaccination. (J. Emilio Flores/The New York Times)
When it comes to San Francisco vaccine rules, In-N-Out should heed Biblical advice

Burger chain’s vaccine fight distracts from its tasty burgers and French fries controversy

The Walgreens at 4645 Mission St. in The City is among those slated to close. <ins>(Courtesy photo)</ins>
Walgreens says it’s closing five SF stores due to crime. Where’s the data?

Walgreens should be transparent, enlighten city leaders about crime’s effect on business

Lake Hennessey, a reservoir for Napa, looked dry in June. Gov. Gavin Newsom on Tuesday issued a proclamation extending the drought emergency statewide and asked residents to redouble water conservation efforts. <ins>(Mike Kai Chen/New York Times)</ins>
Newsom declares drought emergency across California

State closed out its second-driest water year on record

Most Read