CAI Intl. (CAI) Misses Q3 EPS by 10c
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CAI International, Inc. Reports Results for the Third Quarter of 2016
November 1, 2016 4:00 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI) (NYSE: CAI), one of the worlds leading transportation finance and logistics companies, today reported results for the third quarter of 2016.
Highlights
CAI reported revenue for the third quarter of 2016 of $78.5 million, an increase of $12.4 million compared to the third quarter of 2015. The increase in revenue was primarily due to growth in our logistics business. Lease-related revenue for the third quarter of 2016 was $57.3 million, compared to $60.7 million in the third quarter of 2015. Net loss attributable to CAI common... More