Welcome to our dedicated page for WillScot Holdings news (Ticker: WSC), a resource for investors and traders seeking the latest updates and insights on WillScot Holdings stock.
WillScot Holdings Corporation (Nasdaq: WSC) is described by the company as the premier provider of temporary and flexible space solutions in North America. Its news flow offers insight into how this modular and portable space business evolves over time, from financial performance and capital allocation to leadership changes and credit facility developments.
On this page, readers can review WillScot news covering quarterly earnings results, updates to full-year outlooks, and detailed discussions of revenue mix across modular space leasing, portable storage leasing, value-added products and services, delivery and installation, and unit sales. The company’s releases often include commentary on Adjusted EBITDA, Adjusted Free Cash Flow, Net CAPEX, and Net Debt to Adjusted EBITDA, along with explanations of how these non-GAAP measures are used.
News items also highlight dividend declarations, share repurchase activity, and tuck-in acquisitions, as well as amendments to the company’s asset-based revolving credit facility that affect borrowing costs, maturity dates, and available capacity. Governance and leadership updates, such as CEO succession plans, the appointment of an Executive Chair and Lead Independent Director, and changes in the Chief Accounting Officer role, are reported through both press releases and related Form 8-K filings.
Investors and followers of WSC can use this news feed to track how WillScot describes its strategic priorities, including network optimization initiatives, real estate footprint evaluations, and focus areas such as Enterprise Accounts and differentiated service offerings. For those monitoring temporary space and modular building companies, this page provides a centralized view of WillScot’s publicly released developments over time.
WillScot Mobile Mini Holdings (WSC) announced that CEO Brad Soultz will participate in a fireside chat at the Morgan Stanley Infrastructure Symposium on May 24, 2021, from 2:15 to 3:00 p.m. EDT. WillScot Mobile Mini is a leader in turnkey modular space and portable storage solutions, operating approximately 275 branch locations across the U.S., Canada, Mexico, and the U.K. The company specializes in innovative flexible workspaces and portable storage, catering to various market sectors.
WillScot Mobile Mini Holdings (WSC) announced that all 2015 Private Warrant holders have either exercised their warrants on a cashless basis for WSC common stock or opted for cash repurchase. A total of 2.9 million shares were issued through cashless exercises, and the company repurchased remaining warrants for $20.7 million. This will eliminate the Common Stock Warrant Liability from the balance sheet as of June 30, 2021. CEO Tim Boswell noted that this transition aligns investor and shareholder interests, without impacting operational performance or GAAP metrics.
WillScot Mobile Mini Holdings Corp. (WSC) will host virtual private meetings at the Morgan Stanley Business Services Conference on May 13, 2021. CEO Brad Soultz, CFO Tim Boswell, and Director of Treasury & Investor Relations Nick Girardi will attend these appointment-only meetings. Headquartered in Phoenix, Arizona, WillScot is a leader in modular space and portable storage solutions, servicing diverse markets through approximately 275 locations across North America and the UK.
WillScot Mobile Mini Holdings (WSC) reported strong preliminary Q1 2021 results, with total revenues increasing by 66.3% to $425.3 million, thanks to the merger with Mobile Mini. Adjusted EBITDA rose 82.8% to $163.6 million, driven by higher leasing revenues, particularly in the NA Modular segment. The company increased its full year guidance for revenue to $1.79 billion and Adjusted EBITDA to $705 million. Free Cash Flow climbed to $91.2 million, while leverage improved to 3.7x. Despite net income fluctuations due to warrant adjustments, operational metrics showcased a robust performance.
WillScot Mobile Mini Holdings (WSC), a leader in modular space and portable storage solutions in North America, announced that CEO Brad Soultz and CFO Tim Boswell will hold virtual meetings during the Credit Suisse eXtreme Services Conference on May 7, 2021. These meetings are by appointment only. The company operates approximately 275 branch locations and serves diverse markets across the U.S., Canada, Mexico, and the U.K., emphasizing flexible workspace solutions.
WillScot Mobile Mini Holdings (WSC) announced that CEO Brad Soultz and CFO Tim Boswell will host virtual private meetings during the Oppenheimer Industrial Growth Conference on May 4, 2021. These meetings are by appointment only, catering to stakeholders and interested parties seeking insights into the company's operations. WillScot specializes in turnkey modular space and portable storage solutions, operating from approximately 275 branch locations across North America, Mexico, and the UK.
WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) will release its first quarter 2021 financial results on April 29, 2021, after market close. The CEO, Brad Soultz, and CFO, Tim Boswell, will discuss the results in a conference call on April 30, 2021, at 10:00 a.m. EDT. Interested parties can access the call by dialing (855) 312-9420 for US/Canada or (210) 874-7774 internationally. A live webcast will be available on the company’s website, with an archived version accessible for 60 days.
WillScot provides flexible workspace and portable storage solutions across various markets.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced its subsidiary will redeem $65 million of its 6.125% Senior Secured Notes due 2025 on March 26, 2021. The redemption price will be 103% of the principal amount plus accrued interest. After the redemption date, interest will cease to accrue on the redeemed notes. Investors are advised to contact their brokers for information regarding the redemption payment.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced an upsized secondary offering of 12,750,000 shares by its principal shareholder, Sapphire Holding S.à r.l., priced at $27.20 per share. The offering replaces a previous plan for 10,750,000 shares. The underwriter has a 30-day option for an additional 1,912,500 shares. WillScot will not receive proceeds from this offering. Additionally, the company will repurchase 2,750,000 shares at the same price, funded through its ABL Credit Facility. The closing of the offering is expected on March 4, 2021.
WillScot Mobile Mini Holdings Corp. (WSC) announced a secondary offering of 10,750,000 shares, to be sold by its principal shareholder, Sapphire Holding S.à r.l., with a 30-day option for underwriters to purchase an additional 1,612,500 shares. The company will not receive proceeds from this offering. In conjunction, WillScot plans to buy back 2,750,000 shares from Sapphire at the same per-share price as the offering. This repurchase will be funded through borrowings under its ABL Credit Facility and is expected to close with the offering.
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