Customer demand - The company said rental segment revenue growth was driven by significant customer demand and expansion of its operational footprint.
Location expansion - The company opened 23 new operational locations in Q2, including 20 full-service rental sites, supporting network growth.
Platform engagement - The company said customers using its T3 platform spend about six times more, with the platform expanding beyond rental into mixed fleet, service, logistics and enterprise workflows.
Key figures and analyst coverage
Metric
Actual
Q2 Revenue
$1.45 bln
Q2 Adjusted Net Income
$43 mln
Q2 Net Income
$19 mln
Q2 Adjusted EBITDA
$531 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the business support services peer group is .
EQPT•
