AP NEWS

McGrath: 2Q Earnings Snapshot

July 31, 2018

LIVERMORE, Calif. (AP) _ McGrath RentCorp (MGRC) on Tuesday reported second-quarter profit of $15.9 million.

On a per-share basis, the Livermore, California-based company said it had net income of 65 cents.

The business-to-business rental company posted revenue of $117 million in the period.

McGrath shares have risen 26 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.38, a rise of 67 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGRC at https://www.zacks.com/ap/MGRC

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