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 Doug Gerlach Cambridge, MA http://www.iclub.com/ President, ICLUBcentral
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| 05/25/2007 10:44 AM |
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On May 7, MINI announced first quarter 2007 results, and it was all good:
- Total revenues increased 29.4% to $73.0 million from $56.4 million;
- Lease revenues increased 28.2% to $66.1 million from $51.5 million;
- Lease revenues comprised 90.5% of total revenues as compared to 91.3% during the 2006 first quarter;
- EBITDA (earnings before interest expense, tax, depreciation and amortization) increased 34.7% to $31.7 million from $23.6 million;
- Net income increased 54.8% to $12.7 million as compared to $8.2 million; diluted earnings per share (“EPS”) increased 34.6% to $0.35 from $0.26 per diluted share; and
- Operating margin increased to 36.7% from 35.3%.
Here's a link to the press release:
Mobile Mini Reports Record First Quarter Results; Management Raises 2007 Guidance
Doug |
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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