HE Equipment Services Reports Second Quarter 2020 Results
BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--HE Equipment Services, Inc. (NASDAQ: HEES) today announced results for the second quarter ended June 30, 2020. SECOND QUARTER 2020 SUMMARY Revenues decreased 16.6% to $278.3 million versus $333.6 million a year ago. Net income was $8.8 million in the second quarter compared to net income of $22.6 million a year ago. The effective income tax rate was 26.9% in the second quarter of 2020 and 26.8% in the second quarter of 2019. Adjusted EBITDA decreased 19.3
HE Equipment Services Reports Second Quarter 2020 Results
BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--HE Equipment Services, Inc. (NASDAQ: HEES) today announced results for the second quarter ended June 30, 2020. SECOND QUARTER 2020 SUMMARY Revenues decreased 16.6% to $278.3 million versus $333.6 million a year ago. Net income was $8.8 million in the second quarter compared to net income of $22.6 million a year ago. The effective income tax rate was 26.9% in the second quarter of 2020 and 26.8% in the second quarter of 2019. Adjusted EBITDA decreased 19.3