Caci International Cla (CAI) Tops Q2 EPS by 9c

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CAI International, Inc. Reports Results for the Second Quarter of 2017

July 26, 2017 4:00 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI) (NYSE: CAI), one of the worlds leading transportation finance and logistics companies, today reported results for the second quarter of 2017.

Highlights

Strong fundamentals in the container leasing market resulted in revenue growth, reduced operating costs and net income growth in the second quarter of 2017. Lease-related revenue for the second quarter of 2017 was $63.1 million, an increase of 6% compared to the second quarter of 2016, and 3% compared to the first quarter of 2017. Net... More