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Stock impact report

General Finance Corporation Reports Fourth Quarter and Full Year Results for Fiscal Year 2019

GENERAL FINANCE (GFN) 
Last general finance earnings: 2/10 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: generalfinance.com
Company Research Source: GlobeNewswire
PASADENA, Calif., Sept. 11, 2019 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ: GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions in North America and in the Asia-Pacific region of Australia and New Zealand (the “Company”), today announced its consolidated financial results for the fourth quarter and fiscal year ended June 30, 2019. Fourth Quarter 2019 Highlights  Total revenues were $96.2 million, an increase of 3% over the fourth quarter of fiscal year 2018.Leasing revenues, excluding the oil and gas sector and foreign currency exchange rates, increased by 12% over the fourth quarter of fiscal year 2018.Leasing revenues comprised 63% of total non-manufacturing revenues for the fourth quarter of both fiscal years 2018 and 2019. Adjusted EBITDA was $26.1 million, compared to $23.0 million in the fourth quarter of fiscal year 2018, an increase of 13%.Adjusted EBITDA margin was 27%, compared to 25% Show less Read more
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