Mobile Mini Reports Q2 2018 Results and Announces Quarterly Dividend
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Mobile Mini (MINI) Reports In-Line Q2 EPS, Revenues Beat
July 26, 2018 6:43 AM EDTMobile Mini (NASDAQ: MINI) reported Q2 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $142 million versus the consensus estimate of $140.34 million.
Second Quarter 2018 Highlights
Continued strong rental revenue growth in Tank & Pump Solutions with a 21.2% year-over-year increase.Delivered robust Storage Solutions rental revenue year-over-year growth of 10.8%, 9.5% when adjusted for favorable currency fluctuations.Drove average original equipment cost utilization for Tank & Pump Solutions to 74.2% for the quarter, up 970 basis points compared to the prior-year quarter, with the most fleet... More