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AMMX — AmeraMex International News Story

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Heavy equipment rental firm Ameramex's Q3 revenue more than doubles

Overview

Ameramex Q3 revenue rises to $3.9 mln, up from $1.9 mln last year

Net income for Q3 reaches $208,641, compared to a loss of $(1.0) mln last year

EPS for Q3 improves to $0.01 from a loss per share of $(0.08)

Outlook

AmeraMex anticipates significant orders for refurbished machinery by year-end

Company expects demand for refurbished machinery to boost sales and profitability

AmeraMex focuses on sourcing used equipment to meet market needs and expand reach

Result Drivers

REFURBISHED MACHINERY - Increased sales and profitability driven by demand for refurbished machinery, including container handlers

USED EQUIPMENT ACQUISITIONS - Strategic sourcing of used equipment contributes to higher margins and expanded market reach

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$3.90 mln
Q3 EPS$0.01
Press Release: ID:nNFC6ydGmJ For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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