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Oct 25 Neff Corporation Announces Third Quarter 2016 Results
Neff Corporation (the “Company”) (NYSE: NEFF ) today reported its financial results for the third quarter ended September 30, 2016. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “The third quarter of 2016 was another solid quarter for Neff’s rental business as we generated record third quarter results for rental revenues, which increased by 5.8% year-over-year. This performance reflects our ability to execute our strategy and take advantage of the ongoing strength in the construction markets we serve. We expect this strength to continue for the remainder of 2016 and into 2017.” Third Quarter 2016 Highlights Total revenues increased 6.1% year-over-year to $105.5 million in the third quarter of 2016. Rental revenues increased 5.8% year-over-year to $95.8 million in the third quarter of 2016 from $90.5 million. Time utilization decreased to 69.0% from 69.2% in the prior year period. Rental rates decreased 0.2% year-over-year in the third quarter of 2016. The...
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Oct 14 Neff Corporation Announces Third 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 third quarter ended September 30, 2016 , during a conference call scheduled for Wednesday, October 26, 2016 , at 10:00 a.m. ET . The Company expects to release the financial results for the third quarter and year ended on Tuesday, October 25, 2016 , following the market close. Shareholders and other interested parties may participate in the conference call by dialing +1 877-201-0168 (domestic) or +1 647-788-4901 (international) and entering access code 98879886, a few minutes before 10:00 a.m. ET on October 26, 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...
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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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InvestorRelations@neffcorp.com