ABM Industries, Inc. (NYSE:ABM) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET

Company Participants

Paul Goldberg - SVP, IR
Scott Salmirs - President & CEO
Earl Ellis - EVP & CFO

Conference Call Participants

Tim Mulrooney - William Blair
Jasper Bibb - Truist Securities
Faiza Alwy - Deutsche Bank
David Silver - CL King & Associates
Joshua Chan - UBS
Marc Riddick - Sidoti & Company

Operator

Greeting, and welcome to the ABM Industries Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Paul Goldberg, Senior Vice President, Investor Relations for ABM Industries. Thank you, sir. You may begin.

Paul Goldberg

Good morning, everyone, and welcome to ABM's Second Quarter 2024 Earnings Call. My name is Paul Goldberg, and I'm the Senior Vice President of Investor Relations at ABM. With me today are Scott Salmirs, our President and Chief Executive Officer; and Earl Ellis, our Executive Vice President and Chief Financial Officer.

Please note that earlier this morning, we issued our press release announcing our second quarter 2024 financial results. A copy of that release and an accompanying slide presentation can be found on our website, abm.com. After Scott and Earl's prepared remarks, we will host a Q&A session.

But before we begin, I would like to remind you that our call and presentation today contains predictions, estimates and other forward-looking statements. Our use of the words estimate, expect and similar expressions are intended to identify these statements, and they represent our current judgment of what the future holds. While we believe them to be reasonable, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially. These factors are described in the slide that accompanies our presentation as well as our filings with the SEC.

During the course of this call, certain non-GAAP financial information will be presented. A reconciliation of historical non-GAAP numbers to GAAP financial measures is available at the end of the presentation and on the company's website under the Investor tab.

And with that, I would like to now turn the call over to Scott.

Scott Salmirs

Thanks, Paul. Good morning, and thank you all for joining us today to discuss our second quarter results. We are pleased with our quarterly results, which were driven by our team's execution and highlighted by a strong cash flow, adjusted EBITDA margin of 6.5% as well as by mid-single-digit organic revenue growth in our Aviation, Technical Solutions, Manufacturing & Distribution and Education segments, all of which resulted in adjusted EPS of $0.87.