General Finance: Fiscal 4Q Earnings Snapshot
PASADENA, Calif. (AP) _ General Finance Corp. (GFN) on Wednesday reported fiscal fourth-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Pasadena, California-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The owner of mobile storage, liquid containment and modular space businesses posted revenue of $96.2 million in the period.
For the year, the company reported that its loss narrowed to $7.5 million, or 38 cents per share. Revenue was reported as $378.2 million.
General Finance expects full-year revenue in the range of $370 million to $390 million.
General Finance shares have dropped 31% since the beginning of the year. The stock has decreased 52% in the last 12 months.