H&E Equipment Services (HEES) Reports In-Line Q3 EPS
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H&E Equipment Services Reports Third Quarter 2016 Results
October 27, 2016 7:01 AM EDTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the third quarter ended September 30, 2016.
THIRD QUARTER 2016 SUMMARY
Revenues decreased 11.6% to $244.7 million versus $276.9 million a year ago. Net income was $11.7 million in the third quarter compared to net income of $14.8 million a year ago. EBITDA was $81.9 million in the third quarter compared to EBITDA of $86.2 million a year ago, yielding a margin of 33.5% of revenues compared to 31.1% a year ago.... More