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Stock impact report

McGrath (MGRC) Q1 2026 Earnings Transcript [Yahoo! Finance]

McGrath RentCorp (MGRC) 
Last mcgrath rentcorp earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: mgrc.com/investors
Company Research Source: Yahoo! Finance
EVP & CFO — Keith E. Pratt Full Conference Call Transcript Philip Hawkins: Thank you, Stephanie. Good afternoon, everyone, and thank you for joining us today for McGrath RentCorp first quarter 2026 earnings call. I am pleased to report on our performance over the past quarter and to provide an update on our outlook for this year. We will also address current economic conditions and the possible effects of the Middle East conflict on the business. First, our quarterly results. Total company revenues increased 2%, and adjusted EBITDA decreased 1% compared to the prior year first quarter. This performance was driven by continued progress from our modular strategic growth initiatives and strength at TRS RenTelco. We delivered rental revenue growth in each of our businesses, despite some challenging market conditions. Higher equipment preparation expenses and lower sales at Enviroplex were headwinds to profitability for the quarter, yet we still managed to deliver adjusted EBITDA es Show less Read more
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