WillScot Mobile Mini Holdings Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 08:11 pm
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WillScot Mobile Mini Holdings Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 447.54 million compared to USD 342.6 million a year ago. Revenue was USD 604.17 million compared to USD 461.05 million a year ago. Net income was USD 128.59 million compared to USD 61.1 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to USD 0.24 a year ago. Basic earnings per share was USD 0.6 compared to USD 0.27 a year ago. Diluted earnings per share was USD 0.59 compared to USD 0.26 a year ago.
For the nine months, sales was USD 1,226.21 million compared to USD 965.89 million a year ago. Revenue was USD 1,632.34 million compared to USD 1,295.63 million a year ago. Net income was USD 253.14 million compared to USD 85.92 million a year ago. Basic earnings per share from continuing operations was USD 0.91 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.89 compared to USD 0.32 a year ago. Basic earnings per share was USD 1.15 compared to USD 0.38 a year ago. Diluted earnings per share was USD 1.13 compared to USD 0.37 a year ago.
WillScot Mobile Mini Holdings Corp. is a business services provider specializing in innovative and flexible temporary space solutions. The Companyâs segments include Modular Solutions (Modular) and Storage Solutions (Storage). The Modular segment represents the activities of the North America modular business. The Storage segment represents the activities of the North American portable storage and ground level office business. The Companyâs diverse product offering includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, blast protective and climate-controlled structures, clearspan structures, and a selection of furnishings, appliances, and other services, so its solutions are turnkey for customers. The Company services diverse customer segments across all sectors of the economy from a network of approximately 250 branch locations and additional drop lots throughout the United States, Canada, and Mexico.