Custom Truck One Source, Inc. (CTOS) Tops Q1 EPS by 3c
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Custom Truck One Source, Inc. Reports Continued Strong Results for First Quarter 2023
May 9, 2023 4:15 PM EDTKANSAS CITY, Mo.--(BUSINESS WIRE)-- Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail and other infrastructure-related end markets, today reported financial results for its first quarter ended March 31, 2023.
CTOS First-Quarter Highlights
Total revenue of $452.2 million, with growth in rental revenue and equipment sales of 8.4% and 32.6%, respectively, compared to the first quarter of 2022 as a result of continued strong demand across our end markets Gross profit of $109.7 million, an improvement of $25.2 million, or 29.8%, compared to... More