McGrath Rentcorp (MGRC) Tops Q1 EPS by 7c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. MRK
7. LVS
8. SAP
9. CSX
10. LRCX

Go back to McGrath Rentcorp (MGRC) Tops Q1 EPS by 7c

McGrath RentCorp Announces Results for First Quarter 2020

April 29, 2020 4:01 PM EDT

LIVERMORE, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC) (the Company), a diversified business-to-business rental company, today announced total revenues for the quarter ended March 31, 2020 of $129.5 million, an increase of 6%, compared to the first quarter of 2019.  The Company reported net income of $20.2 million, or $0.81 per diluted share, for the first quarter of 2020, compared to net income of $18.4 million, or $0.75 per diluted share, for the first quarter of 2019. 

FIRST QUARTER 2020 COMPANY HIGHLIGHTS:

Income from operations increased 9% year-over-year to $29.7 million.Rental... More