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MGRC News and Press, McGrath RentCorp From 02/23/23

Stock Information

Company Name: McGrath RentCorp
Stock Symbol: MGRC
Market: NASDAQ
Website: mgrc.com

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MGRC - Malaysian Genomics to Collaborate on Cannabinoid R&D

Malaysian Genomics to Collaborate on Cannabinoid R&D PETALING JAYA, Malaysia, Feb 24, 2023 - (ACN Newswire) - Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group has entered into a strategic collaboration...

MGRC - McGrath RentCorp (MGRC) Q4 2022 Earnings Call Transcript

McGrath RentCorp (MGRC) Q4 2022 Earnings Conference Call February 22, 2023, 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Presentatio...

MGRC - McGrath RentCorp raises annual dividend by 20% to $0.465/share

McGrath RentCorp ( NASDAQ: MGRC ) declares $0.465/share annual dividend , 20% increase from prior dividend of $0.388. Forward yield 0.44% Payable April 28; for shareholders of record April 14; ex-div April 13. See MGRC Dividend Scorecard, Yield Chart, & Divid...

MGRC - McGrath RentCorp reports Q4 results, sees FY 2023 revenue above consensus

McGrath RentCorp press release ( NASDAQ: MGRC ): Q4 GAAP EPS of $1.62. Revenue of $210.9M (+19.9% Y/Y). Sees FY 2023 revenue of $780 to $810 million. The consensus estimate is $758.79M. For further details see: McGrath RentCorp reports Q4 results, sees FY 2023 re...

MGRC - McGrath Announces Results for Fourth Quarter 2022 and Announces 32nd Annual Dividend Increase

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended December 31, 2022 of $210.9 million, an increase of 20%, compared to the fourth quarter ...

MGRC - Malaysian Genomics to Offer World's First DNA-Driven Fertility Test

Malaysian Genomics to Offer World's First DNA-Driven Fertility Test PETALING JAYA, Malaysia, Feb 22, 2023 - (ACN Newswire) - Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group has signed a strategic collabor...

MGRC - McGrath RentCorp Q4 2022 Earnings Preview

McGrath RentCorp ( NASDAQ: MGRC ) is scheduled to announce Q4 earnings results on Wednesday, February 22nd, after market close. The consensus EPS Estimate is $1.38 (+19.0% Y/Y) and the consensus Revenue Estimate is $201.16M (+14.4% Y/Y). Over the last 1 year, MGRC has beaten...

MGRC - Walmart, Home Depot Among 15 Companies To Announce Dividend Increases In Second Half Of February

Summary When it comes to annual dividend increases, February is the highlight of the year. There were at least 27 dividend boosts that were announced from a wide variety of companies. Widely held companies 3M, PepsiCo, and Coca-Cola all boosted their dividends in the first half of the m...

MGRC - McGrath buys Vesta Modular and disposes Adler Tank Rentals

McGrath RentCorp ( NASDAQ: MGRC ) on Wednesday said it bought Vesta Modular, a portfolio company of Kinderhook Industries, for $400 million cash, and sold Adler Tank Rentals to Ironclad Environmental Solutions for $265 million. Both transactions were completed simultaneously on F...

MGRC - McGrath Acquires Vesta Modular and Concurrently Divests Adler Tank Rentals

Vesta transaction strategically accelerates McGrath’s focus on its core Mobile Modular business Non-core Adler Tank business is divested, while the modular business is scaled through accretive acquisition The acquired Vesta business will expand McGrath’s modular busi...

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