Forbes Names SP Plus Corporation to its 2024 List of America’s Most Successful Small-Cap Companies

By: SP Plus Corporation via GlobeNewswire

January 30, 2024 at 08:30 AM EST

CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- SP+^® Corporation (SP+), (Nasdaq: SP) a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its recognition by Forbes as one of America’s Most Successful Small-Cap Companies.

Forbes used data from FactSet to compile its annual list of America’s Most Successful Small-Cap Companies. They screened nearly 1,000 companies with a market value between $300 million and $2 billion to find 389 companies that also had positive sales growth over the past 12 months and a share price of at least five dollars.

“We are extremely appreciative to be recognized as one of America’s Most Successful Small-Cap Companies,” said Marc Baumann, Chairman and Chief Executive Officer, SP+ Corporation. “My colleagues and I strive to deliver industry-leading technology within our ever-evolving world on the go, and this accolade from Forbes is quite an achievement, and an encouraging reflection of our collective efforts.”

The full list of Forbes America’s Most Successful Small-Cap Companies 2024 is available here.

About SP+

SP+ (www.spplus.com) develops and integrates industry-leading technology with best-in-class operations management and support to deliver mobility solutions that enable the efficient and time-sensitive movement of people, vehicles, and personal travel belongings. With over 20,000 team members located throughout North America and Europe, SP+ is committed to providing solutions that make every moment matter for a world on the go.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including the statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these statements by using words such as “expect”, “anticipate”, “believe”, “confident”, “could”, “should”, “estimate”, “intend”, “may”, “plan”, “guidance”, “pathway”, “will”, and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. These forward-looking statements are made based on management's expectations and beliefs concerning future events affecting the Company and are subject to uncertainties and factors relating to operations and the business environment. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors. For a detailed discussion of factors that could affect the Company's future operating results, please see the Company's filings with the Securities and Exchange Commission, including the disclosures under "Risk Factors" in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:

William Rongey
SP+ Corporation
Director of Corporate Communications
312-274-2102