Welcome to our dedicated page for Custom Truck One Source news (Ticker: CTOS), a resource for investors and traders seeking the latest updates and insights on Custom Truck One Source stock.
Custom Truck One Source reports developments tied to specialty equipment rentals, sales, parts, tools, accessories and services for North American electric utility transmission and distribution, telecommunications, rail, forestry, waste management and infrastructure markets. Its updates commonly cover financial results, rental fleet utilization, equipment demand, operating segment presentation and debt or cash-flow priorities.
Company news also includes product and distribution activity involving specialized trucks and heavy equipment, including Load King service truck offerings, dealer relationships, investor conferences and earnings-call schedules. The recurring business themes center on equipment used to maintain, repair, upgrade and install electric lines, telecommunications networks and rail systems.
Custom Truck One Source (NYSE: CTOS) announced that its President and COO, Ryan McMonagle, along with CFO, Chris Eperjesy, will present at the J.P. Morgan 2023 Industrials Conference in New York City on March 16, 2023, at 3:00 p.m. ET. The presentation will include a fireside chat and a Q&A session. A live audio-only webcast will be accessible via the Company’s Investor Relations website, with a replay available for 30 days. Custom Truck One Source specializes in providing truck and heavy equipment solutions across various markets in North America, including rentals and manufacturing.
Custom Truck One Source (NYSE: CTOS) will release its fourth quarter and full year 2022 financial results after the market close on March 14, 2023. The management team will host a conference call to discuss the results at 5:00 p.m. ET on the same day. Investors can access the webcast and presentation via their investor page. A replay of the call will be available until March 21, 2023.
Custom Truck One Source (NYSE: CTOS) announced that President Ryan McMonagle and CFO Chris Eperjesy will present at the CJS Securities 23rd Annual New Ideas for the New Year Investor Conference on January 11, 2023. The event will be held virtually, starting at 10:15 a.m. ET, featuring a fireside chat and Q&A session. Investors can listen to a live audio webcast on the Company's Investor Relations website, with a replay available for 30 days after the conference. Custom Truck One Source provides specialized truck and heavy equipment solutions across North America.
Custom Truck One Source (CTOS) announced the retirement of CEO Fred Ross effective March 20, 2023. Ryan McMonagle, the current President and COO, will succeed him. The Board unanimously approved this transition as part of a succession plan. Ross will remain with the company as Founder and Board member, assisting in leadership transition and special projects. McMonagle, who joined CTOS in 2015, aims to uphold the company's reputation and further its growth in specialized truck and heavy equipment solutions in North America.
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Custom Truck One Source (NYSE: CTOS) announced participation in the BofA Securities 2022 Leveraged Finance Conference on Tuesday, November 29, 2022. President Ryan McMonagle and CFO Chris Eperjesy will engage in a fireside chat at 2:10 p.m. ET. A live webcast will be available through the Company’s Investor Relations website, and a replay will be accessible for 30 days post-conference. Custom Truck One Source specializes in truck and heavy equipment solutions across various sectors in North America.
Custom Truck One Source (CTOS) reported its Q3 2022 results, showcasing total revenue of $357.8 million, slightly up from $357.3 million in Q3 2021. Rental revenue grew by 5.4% to $115 million, driven by strong demand across all segments. Gross profit increased 35.1% to $88.2 million, yet the company posted a net loss of $2.4 million, an improvement from a $20.5 million loss last year. Adjusted EBITDA rose to $91.6 million. Despite supply chain challenges, CTOS maintained a strong sales order backlog of $709.2 million.
Custom Truck One Source (NYSE: CTOS) announced its CFO, Chris Eperjesy, will participate in a fireside chat at the Deutsche Bank 2022 Industrials Conference on November 14, 2022, at 1:10 p.m. ET. This event allows for discussions with institutional investors, highlighting the company's leadership in specialized truck and heavy equipment solutions across North America. A live webcast will be available on the Company's Investor Relations website, with a replay accessible for 30 days post-conference.
Custom Truck One Source (NYSE: CTOS) has formed a significant partnership with UTV International to expand its offerings. This collaboration introduces six new tracked utility vehicles to Custom Truck's sales and rental fleet. The partnership enhances national coverage and service response times across 34 states. Custom Truck's Executive VP, Smiley Rich, expressed excitement over providing customers with more equipment options. UTV International is known for its innovative solutions in utilities, wildfire, and military sectors.
Custom Truck One Source (NYSE: CTOS) announced that President Ryan McMonagle and CFO Chris Eperjesy will participate in a fireside chat at the Robert W. Baird 2022 Global Industrial Conference on November 10, 2022, at 1:35 p.m. ET. Investors can access a live webcast through the Company’s Investor Relations website, with a replay available for 30 days post-conference. Custom Truck One Source provides specialized truck and heavy equipment solutions across North America, including rentals, sales, and services.