McGrath RentCorp (NASDAQ:MGRC) Q1 2024 Earnings Call Transcript April 25, 2024 McGrath RentCorp beats earnings expectations. Reported EPS is $0.93, expectations were $0.73. McGrath RentCorp isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for standing […]
Significant Revenue and Earnings Growth Highlighted in Recent Earnings Report
LIVERMORE, Calif., April 25, 2024--McGrath RentCorp ("McGrath" or the "Company") (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended March 31, 2024 of $187.8 million, an increase of 15% compared to the first quarter of 2023. The Company reported net income from continuing operations of $22.8 million, or $0.93 per diluted share, for the first quarter of 2024, compared to net income from con