H&E Equipment Services (HEES) Misses Q1 EPS by 4c
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H&E Equipment Services Reports First Quarter 2015 Results
April 30, 2015 7:00 AM EDTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the first quarter ended March 31, 2015.
FIRST QUARTER 2015 SUMMARY
Revenues decreased 4.1% to $227.4 million versus $237.2 million a year ago. Net income decreased to $6.1 million in the first quarter compared to net income of $7.4 million a year ago. EBITDA increased 10.5% to $69.3 million from $62.7 million a year ago, yielding a margin of 30.5% compared to 26.4% of revenues a year ago. Rental revenues... More