Custom Truck One Source, Inc. (CTOS) Misses Q1 EPS by 2c, Misses on Revenue; Offers Guidance
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Custom Truck One Source, Inc. Reports First Quarter 2025 Results and Reaffirms 2025 Guidance
April 30, 2025 4:10 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, forestry, waste management and other infrastructure-related end markets, today reported financial results for the three months ended March 31, 2025.
CTOS First-Quarter Highlights
Total revenue of $422.2 million, an increase of $10.9 million, or 2.7%, compared to the first quarter of 2024 Gross profit of $85.5 million, a decrease of $5.2 million, or 5.7%, compared to the first quarter of 2024 Adjusted Gross Profit of $135.6 million, an increase of $1.2... More