H&E Equipment Services (HEES) Tops Q1 EPS by 7c

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H&E Equipment Services Reports First Quarter 2016 Results

April 28, 2016 7:00 AM EDT

BATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the first quarter ended March 31, 2016.

FIRST QUARTER 2016 SUMMARY

Revenues increased 8.6% to $247.0 million versus $227.4 million a year ago. Net income was $5.6 million in the first quarter compared to net income of $6.1 million a year ago. EBITDA was $69.1 million in the first quarter compared to EBITDA of $69.3 million a year ago, yielding a margin of 28.0% of revenues compared to 30.5% a year ago.... More