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Federal Signal Reports Strong Q1 Growth and Raises Outlook

Federal Signal ( (FSS) ) has released its Q1 earnings. Here is a breakdown of the information Federal Signal presented to its investors.

Federal Signal Corporation, a leading provider of environmental and safety solutions, operates in the industrial sector, offering products that serve municipal, governmental, industrial, and commercial customers worldwide. The company recently reported its first-quarter financial results for 2025, showcasing significant growth in net sales and operating income, alongside record orders and backlog levels.

Federal Signal’s first-quarter results highlighted a 9% increase in net sales, reaching $464 million, and a 21% rise in operating income, amounting to $65.7 million. The company also achieved record orders of $568 million and a backlog of $1.10 billion. However, the GAAP diluted EPS saw a slight decline to $0.75 from $0.84 last year, while adjusted EPS improved by 19% to $0.76.

The Environmental Solutions Group reported a 9% increase in net sales to $387 million, driven by production increases, aftermarket sales, and recent acquisitions. The Safety and Security Systems Group also saw an 8% growth in net sales, contributing to an adjusted EBITDA margin of 22%. Federal Signal’s operating cash flow increased by 17% to $37 million, providing flexibility for strategic acquisitions and shareholder returns.

Looking ahead, Federal Signal has raised its full-year adjusted EPS outlook to a range of $3.63 to $3.90, maintaining its net sales forecast between $2.02 billion and $2.10 billion. Despite global economic uncertainties, the company remains optimistic due to its strong backlog and strategic initiatives, focusing on North American supply chains and operational execution.

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