WillScot Holdings Stock Price, News & Analysis

WillScot Mobile Mini Holdings (WSC) reported strong Q2 2022 results, with revenue of $582 million, net income of $73 million, and Adjusted EBITDA of $233 million. The company closed six acquisitions year-to-date, contributing to its growth strategy. Cash from operations reached $188 million, with a free cash flow margin of 12%. WSC raised its full-year 2022 Adjusted EBITDA outlook to $900-$940 million, reflecting a 22%-27% increase from 2021. The board authorized $1 billion in share repurchases, highlighting a commitment to returning value to shareholders.

WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) announced it will release its second quarter 2022 financial results on August 3, 2022, after market close. CEO Brad Soultz and CFO Tim Boswell will host a conference call on August 4, 2022, at 10 a.m. EDT to discuss the results. Investors can access the live call at (800) 715-9871, and a webcast will also be available on the company's website. WillScot specializes in flexible workspace and portable storage solutions with around 275 locations across the U.S., Canada, Mexico, and the UK.

WillScot Mobile Mini Holdings Corp. (WSC) has acquired Modulease Corporation's rental fleet and related assets, boosting its offerings in New England. The acquisition includes over 400 mobile offices and approximately 100 portable storage containers, enhancing its market position. The deal was financed using cash reserves and credit facilities. This strategic move aims to expand WillScot's service capabilities and revenue potential in the modular space and portable storage sector.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that CEO Brad Soultz, CFO Tim Boswell, and Sr. Director Nick Girardi will participate in a fireside chat and host private investor meetings at the 2022 Stifel Cross Sector Insight Conference in Boston on June 8, 2022, at 4:45 p.m. EDT. As a leader in modular space and portable storage solutions, the company operates over 275 branch locations across North America, Mexico, and the UK, serving diverse markets with innovative services.

WillScot Mobile Mini Holdings (Nasdaq: WSC) announced that its CEO Brad Soultz, President & CFO Tim Boswell, and Sr. Director Nick Girardi will host private investor meetings at the 2022 Baird Global Consumer, Technology & Services Conference in New York City on June 7, 2022, at 1:25 p.m. EDT. The company, headquartered in Phoenix, specializes in modular space and portable storage solutions, serving diverse markets from over 275 locations across the U.S., Canada, Mexico, and the U.K.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced the acquisition of Elite Modular Leasing and Sales, Inc., enhancing its operations in California with approximately 900 new modular units. The deal was financed using cash and borrowings under its revolving credit agreement. CEO Brad Soultz stated that this acquisition strengthens the company's position in the public education sector and supports its growth strategy. The integration aims to provide a comprehensive offering to new customers as the company continues to expand its market presence.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) has acquired over 1,000 storage units and related assets from Georgia Storage Containers, Inc. The acquisition enhances WillScot's operations in the greater Atlanta market, funded through available cash and credit. CEO Brad Soultz highlighted the immediate benefits for new customers, offering access to innovative portable storage solutions and logistics capabilities, aimed at improving customer satisfaction and operational efficiency. This strategic move positions WillScot for potential growth in the competitive modular space and storage solutions market.

WillScot Mobile Mini Holdings Corp. (WSC) reported strong Q1 2022 results with revenues of $509 million, net income of $51 million, and Adjusted EBITDA of $192 million. The company closed three acquisitions and generated $55 million in Free Cash Flow. It increased its 2022 Adjusted EBITDA outlook to between $860 million and $900 million, representing 16% to 22% growth compared to 2021. Leasing revenue surged 25% year-over-year, driven by robust demand and pricing strategies. The company continues to benefit from a strong order backlog and expects robust demand into 2023.