HE Equipment Services Reports Fourth Quarter 2019 and Full Year 2019 Results and Announces Non-Cash Goodwill Impairment Charge
BATON ROUGE, La.--(BUSINESS WIRE)--HE Equipment Services, Inc. (NASDAQ: HEES) today announced results for the fourth quarter and year ended December 31, 2019, including a $12.2 million non-cash goodwill impairment charge. FOURTH QUARTER 2019 SUMMARY Revenues increased 0.6% to $348.1 million versus $346.0 million a year ago. Included in fourth quarter 2019 net income was a $12.2 million pre-tax non-cash goodwill impairment charge. Net income decreased 12.5% to $21.9 million in the fourth qu
HE Equipment Services Reports Fourth Quarter 2019 and Full Year 2019 Results and Announces Non-Cash Goodwill Impairment Charge
BATON ROUGE, La.--(BUSINESS WIRE)--HE Equipment Services, Inc. (NASDAQ: HEES) today announced results for the fourth quarter and year ended December 31, 2019, including a $12.2 million non-cash goodwill impairment charge. FOURTH QUARTER 2019 SUMMARY Revenues increased 0.6% to $348.1 million versus $346.0 million a year ago. Included in fourth quarter 2019 net income was a $12.2 million pre-tax non-cash goodwill impairment charge. Net income decreased 12.5% to $21.9 million in the fourth qu