Federal Signal Corp. (FSS) reported that its first-quarter loss narrowed marginally to $0.6 million or $0.01 per share, from $1.1 million or $0.02 per share in the same quarter last year.
The latest quarter results were affected by higher debt settlement charges, which spiked to $8.7 million from $1.7 million in the year-ago period.
Meanwhile, net sales edged up to $199.8 million from $196.1 million a year ago.
On average, four analysts polled by Thomson Reuters expected the company to report a profit per share of $0.10 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $199.57 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.