McGrath Rentcorp (MGRC) Reports In-Line Q2 EPS

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Go back to McGrath Rentcorp (MGRC) Reports In-Line Q2 EPS

McGrath RentCorp Announces Results for Second Quarter 2015

July 30, 2015 4:01 PM EDT

Rental revenues increase 2% EPS decreases 18% to $0.32 for the quarter

LIVERMORE, Calif., July 30, 2015 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the "Company"), a diversified business-to-business rental company, today announced total revenues for the quarter ended June 30, 2015, of $96.0 million, an increase of less than 1%, compared to $95.7 million in the second quarter of 2014. The Company reported net income of $8.5 million, or $0.32 per diluted share for the second quarter of 2015, compared to net income of $10.2 million, or $0.39 per diluted share, in the second quarter of 2014. Second quarter 2014 results included a $0.8 million non-operating... More