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MGRC - Earnings announcements
McGrath RentCorp (MGRC) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for MGRC
- McGrath Announces Results for First Quarter 2026McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2026 of $198.5 million, an increase of 2% compared to the first quarter of 2025. The Company reported net income of $27.0 million, or $1.10 per diluted share, for the first quarter of 2026, compared to net income of $28.2 million, or $1.15 per diluted share, for the first quarter of 2025. FIRST QUARTER 2026 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental operations revenues increased 5% to $162.2 million. Sales revenues decreased 13% to $34.0 million. Total revenues increased 2% to $198.5 million.
- McGrath First Quarter Earnings and Conference Call Scheduled for April 29, 2026McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2026, after the close of regular market trading on Wednesday, April 29, 2026. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 29, 2026, to discuss the results. The conference call may be accessed by dialing 1-800-274-8461 (international callers dial 1-203-518-9814), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-757-4770
- McGrath Announces Results for Fourth Quarter 2025 and Announces 35th Annual Dividend IncreaseMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended December 31, 2025 of $256.8 million, an increase of 5% compared to the fourth quarter of 2024. The Company reported net income of $49.8 million, or $2.02 per diluted share, for the fourth quarter of 2025, compared to net income of $38.9 million, or $1.58 per diluted share, for the fourth quarter of 2024. Total revenues for the full year ended December 31, 2025 increased to $944.2 million, an increase of 4%, from $910.9 million in 2024, with adjusted EBITDA increasing $10.7 million, or 3%, to $362.5 million. Net in
- McGrath Fourth Quarter Earnings and Conference Call Scheduled for February 25, 2026McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its fourth quarter ending December 31, 2025, after the close of regular market trading on Wednesday, February 25, 2026. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on February 25, 2026, to discuss the fourth quarter results. The conference call may be accessed by dialing 1-800-274-8461 (international callers dial 1-203-518-9814), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call
- McGrath Announces Results for Third Quarter 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended September 30, 2025 of $256.4 million, a decrease of 4% compared to the third quarter of 2024. The Company reported net income of $42.3 million, or $1.72 per diluted share, for the third quarter of 2025, compared to net income of $149.3 million, or $6.08 per diluted share, for the third quarter of 2024. Excluding the $180.0 million merger termination payment received from WillScot Mobile Mini during the third quarter 2024 and $39.4 million in transaction costs incurred, net of provision for income taxes, the Company'
- McGrath Third Quarter Earnings and Conference Call Scheduled for October 23, 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its third quarter ending September 30, 2025, after the close of regular market trading on Thursday, October 23, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on October 23, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-
- McGrath Announces Results for Second Quarter 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended June 30, 2025 of $235.6 million, an increase of 11% compared to the second quarter of 2024. The Company reported net income of $36.0 million, or $1.46 per diluted share, for the second quarter of 2025, compared to net income of $20.6 million, or $0.84 per diluted share, for the second quarter of 2024. SECOND QUARTER 2025 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental operations revenues increased 5% to $163.5 million. Sales revenues increased 28% to $69.8 million. Total revenues increased 11% to $235.6 million
- McGrath Second Quarter Earnings and Conference Call Scheduled for July 24, 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2025, after the close of regular market trading on Thursday, July 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on July 24, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-5630 (i
- McGrath Announces Results for First Quarter 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2025 of $195.4 million, an increase of 4% compared to the first quarter of 2024. The Company reported net income of $28.2 million, or $1.15 per diluted share, for the first quarter of 2025, compared to net income of $22.8 million, or $0.93 per diluted share, for the first quarter of 2024. FIRST QUARTER 2025 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental operations revenues increased 3% to $154.0 million. Sales revenues increased 11% to $38.9 million. Total revenues increased 4% to $195.4 million. Incom
- McGrath First Quarter Earnings and Conference Call Scheduled for April 24, 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2025, after the close of regular market trading on Thursday, April 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on April 24, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-225-9448 (international callers dial 1-203-518-9708), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-5324 (
- McGrath Announces Results for Fourth Quarter 2024 and Announces 34th Annual Dividend IncreaseMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2024 of $243.7 million, an increase of 10% compared to the fourth quarter of 2023. The Company reported net income from continuing operations of $38.9 million, or $1.58 per diluted share, for the fourth quarter of 2024, compared to net income from continuing operations of $32.0 million, or $1.30 per diluted share, for the fourth quarter of 2023. Total revenues from continuing operations for the full year ended December 31, 2024 increased to $910.9 million, an increase of 10%,
- McGrath Fourth Quarter Earnings and Conference Call Scheduled for February 19, 2025McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its fourth quarter ending December 31, 2024, after the close of regular market trading on Wednesday, February 19, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on February 19, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-445-7795 (international callers dial 1-785-424-1699), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-80
- McGrath Announces Results for Third Quarter 2024McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2024 of $266.8 million, an increase of 10% compared to the third quarter of 2023. The Company reported net income from continuing operations of $149.3 million, or $6.08 per diluted share, for the third quarter of 2024, compared to net income from continuing operations of $40.4 million, or $1.65 per diluted share, for the third quarter of 2023. Excluding the $180.0 million merger termination payment received from WillScot Mobile Mini and $39.4 million in transaction costs incu
- McGrath Sets Third Quarter 2024 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its third quarter ending September 30, 2024, after the close of regular market trading on Thursday, October 24, 2024. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-753-9146
- McGrath Confirms Agreement to Terminate Pending Merger with WillScotMcGrath to receive $180 million termination fee from WillScot Board increases share repurchase authorization to 2 million shares McGrath to provide updates on financial outlook, business strategy and capital allocation during its third-quarter earnings conference call on October 24, 2024 McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today confirmed that WillScot Holdings Corporation ("WillScot") (NASDAQ:WSC) and the Company mutually agreed to terminate their previously announced merger agreement. In accordance with the terms of the merger agreement, McGrath is receiving a termination fee of $180 million. Jose
- WillScot Reports Second Quarter 2024 ResultsPHOENIX, Aug. 01, 2024 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation ("WillScot" or the "Company") (NASDAQ:WSC), a leader in innovative temporary flexible space solutions, today announced second quarter 2024 results and provided an update on operations and the current market environment, including the following highlights: Generated revenue of $605 million, up 4%. Loss from continuing operations was $47 million, including a one-time non-cash impairment of $133 million associated with brand consolidation, and diluted loss per share was $0.25. Adjusted income from continuing operations excluding the impairment, restructuring, and transaction-related charges was $75 million and Adjusted
- McGrath Announces Results for Second Quarter 2024McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended June 30, 2024 of $212.6 million, an increase of 5% compared to the second quarter of 2023. The Company reported net income from continuing operations of $20.6 million, or $0.84 per diluted share, for the second quarter of 2024, compared to net income from continuing operations of $28.0 million, or $1.14 per diluted share, for the second quarter of 2023. SECOND QUARTER 2024 YEAR-OVER-YEAR COMPANY HIGHLIGHTS (FROM CONTINUING OPERATIONS): Rental revenues increased 3% to $121.2 million.
- McGrath Sets Second Quarter 2024 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2024, after the close of regular market trading on Thursday, July 25, 2024. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-723-0488 (inte
- Willscot Mobile Mini Reports First Quarter 2024 ResultsPHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. ("WillScot Mobile Mini" or the "Company") (NASDAQ:WSC), a leader in innovative temporary flexible space solutions, today announced first quarter 2024 results and provided an update on operations and the current market environment, including the following highlights: Q1 2024 Revenue increased 4% to $587 million and Income from continuing operations was $56 million. Income from operations included approximately $15 million of integration and transaction-related expenses. Adjusted EBITDA was flat year-over-year at $248 million.Generated Net cash provided by operating activities of $209 million and Free Cash Flow o
- McGrath Announces Results for First Quarter 2024McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended March 31, 2024 of $187.8 million, an increase of 15% compared to the first quarter of 2023. The Company reported net income from continuing operations of $22.8 million, or $0.93 per diluted share, for the first quarter of 2024, compared to net income from continuing operations of $11.5 million, or $0.47 per diluted share, for the first quarter of 2023. FIRST QUARTER 2024 YEAR-OVER-YEAR COMPANY HIGHLIGHTS (FROM CONTINUING OPERATIONS): Rental revenues increased 9% to $120.3 million.
- McGrath Sets First Quarter 2024 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2024, after the close of regular market trading on Thursday, April 25, 2024. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-723-5782 (int
- McGrath Announces Results for Fourth Quarter 2023 and Announces 33rd Annual Dividend IncreaseMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended December 31, 2023 of $221.6 million, an increase of 21% compared to the fourth quarter of 2022. The Company reported net income from continuing operations of $32.0 million, or $1.30 per diluted share, for the fourth quarter of 2023, compared to net income from continuing operations of $35.0 million, or $1.43 per diluted share, for the fourth quarter of 2022. Total revenues from continuing operations for the full year ended December 31, 2023 increased to $831.8 million from $635.7 million
- WillScot Mobile Mini Reports Fourth Quarter 2023 and Full Year 2023 ResultsPHOENIX, Feb. 20, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. ("WillScot Mobile Mini" or the "Company") (NASDAQ:WSC), the North American leader in innovative flexible space solutions, today announced fourth quarter and full year 2023 results and provided an update on operations and the current market environment, including the following highlights: Q4 2023 Revenue increased 4% to $612 million and Adjusted EBITDA increased 7% year-over-year to $288 million.Adjusted EBITDA Margin of 47.0% expanded 160 basis points year-over-year.Generated Free Cash Flow of $166 million, up 35% year-over-year, and Free Cash Flow Margin of 27.2%.Returned $136 million to shareholders by repur
- WillScot Mobile Mini to Announce Fourth Quarter and Fiscal Year 2023 Results on February 20, 2024PHOENIX, Feb. 05, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. ("WillScot Mobile Mini" or the "Company") (NASDAQ:WSC), a leader in innovative temporary space solutions, today announced that it will release its fourth quarter and fiscal year 2023 financial results on February 20, 2024, after market close. President and Chief Executive Officer, Brad Soultz, and Chief Financial Officer, Tim Boswell will host a conference call and webcast on February 20, 2024, at 5:30 p.m. ET to discuss the results. To access the live call by phone, use the following link: https://register.vevent.com/register/BI81d07f63acf943bb8b9f71d0aaa7bafe You will be provided with dial-in details after
- McGrath Sets Fourth Quarter 2023 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company, today announced plans to release financial results for its fourth quarter ending December 31, 2023, after the close of regular market trading on Wednesday, February 21, 2024. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-8320 (internationa
- WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8 Billion, Enhancing Its Position as the North American Leader in Turnkey Space Solutions60% Cash and 40% Stock Transaction Provides McGrath RentCorp Shareholders with $123 Per Share and Upside through Approximately 12.6% Stake in Combined Company Significant Near-Term Synergies Expected Given WillScot Mobile Mini's Track Record of Integrating Acquisitions and Exceeding Identified Synergy Targets Strong Financial Profile, with Combined 2023 Revenues of $3.2 Billion and Adjusted EBITDA of $1.4 Billion1, including Expected $50 Million in Run-Rate Operating Synergies Expecting to Generate Approximately $700 Million of Annual Free Cash Flow2 by End of the First Full Year Following Closing Joint Conference Call Today at 8:00 a.m. ET to Discuss Details of the Transaction PHOENIX
- McGrath Announces Results for Third Quarter 2023McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2023 of $243.5 million, an increase of 40% compared to the third quarter of 2022. The Company reported net income from continuing operations of $40.4 million, or $1.65 per diluted share, for the third quarter of 2023, compared to net income from continuing operations of $27.1 million, or $1.11 per diluted share, for the third quarter of 2022. THIRD QUARTER 2023 YEAR-OVER-YEAR COMPANY HIGHLIGHTS (FROM CONTINUING OPERATIONS): Rental revenues increased 22% to $122.7 million
- McGrath Sets Third Quarter 2023 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its third quarter ending September 30, 2023, after the close of regular market trading on Thursday, October 26, 2023. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-568
- McGrath Announces Results for Second Quarter 2023McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended June 30, 2023 of $203.0 million, an increase of 32%, compared to the second quarter of 2022. The Company reported net income from continuing operations of $28.0 million, or $1.14 per diluted share, for the second quarter of 2023, compared to net income from continuing operations of $23.5 million, or $0.96 per diluted share, for the second quarter of 2022. SECOND QUARTER 2023 YEAR-OVER-YEAR COMPANY HIGHLIGHTS (FROM CONTINUING OPERATIONS): Rental revenues increased 24% to $117.8 million
- McGrath Sets Second Quarter 2023 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2023, after the close of regular market trading on Thursday, July 27, 2023. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-3413 (inte
- McGrath Announces Results for First Quarter 2023McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2023 of $173.2 million, an increase of 19%, compared to the first quarter of 2022. The Company reported net income of $71.7 million, or $2.92 per diluted share, for the first quarter of 2023, compared to net income of $18.8 million, or $0.77 per diluted share, for the first quarter of 2022. During the quarter ended March 31, 2023, the Company divested its Adler Tanks business, which resulted in a net gain on sale of $58.9 million that is included in both income from discontinued operations and the Compan
- McGrath Sets First Quarter 2023 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2023, after the close of regular market trading on Thursday, May 4, 2023. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-753-5479 (interna
- McGrath Announces Results for Fourth Quarter 2022 and Announces 32nd Annual Dividend IncreaseMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended December 31, 2022 of $210.9 million, an increase of 20%, compared to the fourth quarter of 2021. The Company reported net income of $39.6 million, or $1.62 per diluted share, for the fourth quarter of 2022, compared to net income of $28.4 million, or $1.16 per diluted share, for the fourth quarter of 2021. Total revenues for the year ended December 31, 2022 increased to $733.8 million from $616.8 million in 2021, with adjusted EBITDA increasing $40.2 million, or 16%, to $288.9 million. Net income for the year ended
- McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank RentalsVesta transaction strategically accelerates McGrath's focus on its core Mobile Modular business Non-core Adler Tank business is divested, while the modular business is scaled through accretive acquisition The acquired Vesta business will expand McGrath's modular business geographic coverage and density, facilitate its reach to new customers, and increase its proportion of long-term contracts Vesta portfolio presents potential for significant synergy realization and opportunities to accelerate growth Transactions are accretive to key profitability and return metrics and allows McGrath to maintain significant financial flexibility through conservative leverage McGrath RentCorp (NASDAQ:MG
- McGrath Sets Fourth Quarter 2022 Financial Results Date and TimeMcGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its fourth quarter ending December 31, 2022, after the close of regular market trading on Wednesday, February 22, 2023. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-69
- McGrath Announces Results for Third Quarter 2022McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended September 30, 2022 of $200.5 million, an increase of 16%, compared to the third quarter of 2021. The Company reported net income of $30.6 million, or $1.25 per diluted share, for the third quarter of 2022, compared to net income of $23.3 million, or $0.95 per diluted share, for the third quarter of 2021. THIRD QUARTER 2022 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental revenues increased 15% to $118.4 million. Total revenues increased 16% to $200.5 million. Adjusted EBITDA1 increased 13% to $74.7 million. Divide
- McGrath RentCorp Sets Third Quarter 2022 Financial Results Date and TimeMcGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced plans to release financial results for its third quarter ending September 30, 2022, after the close of regular market trading on Thursday, October 27, 2022. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-6980 (international callers di
- McGrath RentCorp Announces Results for Second Quarter 2022McGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended June 30, 2022 of $177.0 million, an increase of 21%, compared to the second quarter of 2021. The Company reported net income of $26.1 million, or $1.07 per diluted share, for the second quarter of 2022, compared to net income of $20.6 million, or $0.84 per diluted share, for the second quarter of 2021. SECOND QUARTER 2022 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental revenues increased 17% to $110.6 million. Total revenues increased 21% to $177.0 million. Adjusted EBITDA1 increased 13% to $66.3 million. Dividend rate increased 5% to $0.
- McGrath RentCorp Sets Second Quarter 2022 Financial Results Date and TimeMcGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced plans to release financial results for its second quarter ending June 30, 2022, after the close of regular market trading on Thursday, July 28, 2022. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-800-445-7795 (international callers dial 1-203-518-9848), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-6975 (international callers dial 1-40
- McGrath RentCorp Announces Results for First Quarter 2022McGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended March 31, 2022 of $145.4 million, an increase of 20%, compared to the first quarter of 2021. The Company reported net income of $18.8 million, or $0.77 per diluted share, for the first quarter of 2022, compared to net income of $17.4 million, or $0.71 per diluted share, for the first quarter of 2021. FIRST QUARTER 2022 COMPANY HIGHLIGHTS: Rental revenues increased 21% year-over-year to $104.2 million. Total revenues increased 20% year-over-year to $145.4 million. Adjusted EBITDA1 increased 15% to $56.7 million. Dividend rate increas
- McGrath RentCorp Sets First Quarter 2022 Financial Results Date and TimeMcGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced plans to release financial results for its first quarter ending March 31, 2022, after the close of regular market trading on Thursday, April 28, 2022. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-844-707-0666 (international callers dial 1-703-639-1220), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-855-859-2056 (international callers dial 1-4
- McGrath RentCorp Announces Results for Fourth Quarter 2021Company Announces 5% Dividend Increase McGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended December 31, 2021 of $175.9 million, an increase of 18%, compared to the fourth quarter of 2020. The Company reported net income of $28.4 million, or $1.16 per diluted share, for the fourth quarter of 2021, compared to net income of $31.2 million, or $1.27 per diluted share, for the fourth quarter of 2020. Total revenues for the year ended December 31, 2021 increased to $616.8 million from $572.6 million in 2020, with adjusted EBITDA increasing $5.6 million, or 2%, to $246.6 million. Net income for th
- McGrath RentCorp Sets Fourth Quarter 2021 Financial Results Date and TimeMcGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced plans to release financial results for its fourth quarter ending December 31, 2021, after the close of regular market trading on Wednesday, February 23, 2022. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The conference call may be accessed by dialing 1-844-707-0666 (international callers dial 1-703-639-1220), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-855-859-2056 (international callers
- McGrath RentCorp Announces Results for Third Quarter 2021McGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended September 30, 2021 of $173.3 million, an increase of 11%, compared to the third quarter of 2020. The Company reported net income of $23.3 million, or $0.95 per diluted share, for the third quarter of 2021, compared to net income of $28.1 million, or $1.15 per diluted share, for the third quarter of 2020. THIRD QUARTER 2021 COMPANY HIGHLIGHTS: Rental revenues increased 17% year-over-year to $103.3 million. Total revenues increased 11% year-over-year to $173.3 million. Adjusted EBITDA1 increased 5% to $66.0 million. Dividend rate incr
- McGrath RentCorp Sets Third Quarter 2021 Financial Results Date and TimeMcGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced plans to release financial results for its third quarter ending September 30, 2021, after the close of regular market trading on Thursday, October 28, 2021. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. There will also be a live Q&A session. The conference call may be accessed by dialing 1-844-707-0666 (international callers dial 1-703-639-1220), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1
- McGrath RentCorp Announces Results for Second Quarter 2021McGrath RentCorp (NASDAQ:MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended June 30, 2021 of $146.4 million, an increase of 6%, compared to the second quarter of 2020. The Company reported net income of $20.6 million, or $0.84 per diluted share, for the second quarter of 2021, compared to net income of $22.5 million, or $0.92 per diluted share, for the second quarter of 2020. SECOND QUARTER 2021 COMPANY HIGHLIGHTS: Rental revenues increased 10% year-over-year to $94.6 million. Total revenues increased 6% year-over-year to $146.4 million. Excluding $2.6 million Design Space and Kitchens To Go transaction rela