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Jul 27 Neff Corporation Announces Second Quarter 2016 Results
Neff Corporation (the “Company”) (NYSE: NEFF ) today reported its financial results for the second quarter ended June 30, 2016. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “The second quarter of 2016 was another solid quarter for Neff’s rental business as we generated record second quarter results for rental revenues, which increased by 7.8% year-over-year and for Adjusted EBITDA, which increased by 7.6% year-over-year. We also delivered impressive Adjusted EBITDA margins of 50.7%. Outside of our branches directly affected by oil and gas activities, our rental revenues were up 11.7%, and Adjusted EBITDA increased by 12.6%, reflecting the ongoing strength in the construction markets we serve. We expect this strength to continue for the remainder of 2016.” Second Quarter 2016 Highlights Total revenues increased 5.8% year-over-year to $99.7 million in the second quarter of 2016. Rental revenues increased 7.8% year-over-year to $91.5 million in the second quarter...
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Jul 15 Neff Corporation Announces Second Quarter 2016 Conference Call and Webcast
Neff Corporation (the “Company”) (NYSE: NEFF ) today announced that Graham Hood , Chief Executive Officer, and Mark Irion , Chief Financial Officer, expect to discuss the Company's results for the second quarter ended June 30, 2016 , during a conference call scheduled for Thursday, July 28, 2016 , at 10:00 a.m. ET . The Company expects to release the financial results for the second quarter and year ended on Wednesday, July 27, 2016 , following the market close. Shareholders and other interested parties may participate in the conference call by dialing +1 866-393-4306 (domestic) or +1 734-385-2616 (international) and entering access code 50507106, a few minutes before 10:00 a.m. ET on July 28, 2016. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Investors section of the Neff Corporation website at: http://investor.neffrental.com. A telephonic replay will be available from 1:00 p.m. ET on the day of the conference...
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Apr 27 Neff Corporation Announces First Quarter 2016 Results
Neff Corporation (the “Company”) (NYSE: NEFF ) today reported its financial results for the first quarter ended March 31, 2016. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “We achieved record first quarter rental revenues which increased by 9.5% year over year, despite the ongoing headwinds from oil and gas activities. Adjusted EBITDA increased by 6.2% year over year and we delivered impressive Adjusted EBITDA margin of 46.2% for the quarter. Outside of our branches directly affected by oil and gas activities, our rental revenues were up 17.5% and Adjusted EBITDA increased by 17.6%, reflecting the ongoing strength in the construction markets we serve. We expect this strength to continue for the remainder of 2016.” First Quarter 2016 Highlights Total revenues increased 6.5% year over year to $89.6 million in the first quarter of 2016. Rental revenues increased 9.5% year over year to $81.2 million in the first quarter of 2016 from $74.1 million. Time utilization...
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InvestorRelations@neffcorp.com