AECOM reports second-quarter fiscal year 2014 results

Quarter Highlights
•Backlog of $20.2 billion, up 18 percent year over year.
•$3.7 billion in new wins, up 85 percent year over year.
•Reported EPS of $0.41.

AECOM Technology Corporation (NYSE: ACM) reported second-quarter revenue of $1.9 billion and net service revenue1 of $1.2 billion.  Operating income equaled $68 million, reported net income2 was $40 million, and diluted earnings per share2 equaled $0.41.

Second Quarter

Year to Date

($ in millions, except EPS)

Q2 FY13

Q2 FY14

YOY % Change

Q2 YTD FY13

Q2 YTD FY14

YOY % Change

Gross Revenue

$1,990

$1,872

(5.9%)

$4,007

$3,826

(4.5%)

Net Service Revenue1

$1,252

$1,180

(5.7%)

$2,497

$2,332

(6.6%)

Operating Income

$80

$68

(15.0%)

$142

$159

11.6%

Net Income2

$54

$40