Federal Signal Corporation (NYSE: FSS) shares gained ground Wednesday, The Downers Grove, Ill.-based company, claiming to be a leader in environmental and safety solutions, reported financial results for the first quarter ended March 31, 2025.
Consolidated net sales for the first quarter were $464 million, an increase of $39 million, or 9%, compared to the prior-year quarter. Net income for the first quarter was $46.3 million, or $0.75 per diluted share, compared to $51.6 million, or $0.84 per diluted share, in the prior-year quarter.
The Company also reported adjusted net income for the first quarter of $47.0 million, or $0.76 per diluted share, compared to $39.5 million, or $0.64 per diluted share, in the prior-year quarter. The Company is reporting adjusted results to facilitate comparisons of underlying performance on a year-over-year basis.
With our teams’ continued focus on operational execution and serving our customers, our businesses were able to deliver 9% year-over-year net sales growth, double-digit operating income improvement, gross margin expansion, and a 170-basis point increase in adjusted EBITDA margin during the first quarter,” commented CEO Jennifer L. Sherman. “Our Environmental Solutions Group delivered 9% year-over-year net sales growth and a 17% increase in adjusted EBITDA.”
FSS shares acquired $3.22, or 4.3%, to $78.81.