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AECOM (ACM-2.17%) has submitted its 10-Q filing for the quarterly period ended December 31, 2024.
The filing includes financial statements for the quarter, showing an increase in revenue to $4,014.2 million from $3,899.9 million in the same quarter the previous year.
Cost of revenue for the quarter was $3,745.8 million, representing 93.3% of sales, compared to 93.7% in the same quarter of the previous year.
The company reported a gross profit of $268.4 million for the quarter, compared to $244.0 million in the previous year.
Equity in earnings of joint ventures was $9.6 million, compared to a loss of $29.0 million in the previous year.
General and administrative expenses increased to $40.5 million from $35.7 million.
Net income from continuing operations was $188.7 million, up from $109.9 million in the previous year.
Net loss from discontinued operations was $9.6 million, compared to $1.3 million in the previous year.
Net income attributable to AECOM was $167.0 million, up from $94.4 million in the previous year.
Cash provided by operating activities was $151.1 million, while cash used in investing and financing activities was $24.7 million and $121.3 million, respectively.
AECOM had total assets of $11,818.8 million as of December 31, 2024.
The company continues to focus on providing infrastructure consulting and advisory services globally.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the AECOM quarterly 10-Q report dated February 4, 2025. To report an error, please email earnings@qz.com.