Earnings Call Summary | Custom Truck One Source(CTOS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Custom Truck One Source(CTOS.US) Q1 2024 Earnings Conference
The following is a summary of the Custom Truck One Source, Inc. (CTOS) Q1 2024 Earnings Call Transcript:
以下是 Custom Truck One Source, Inc. (CTOS) 2024 年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Custom Truck One Source reported Q1 2024 revenue of $411 million, driven by strong demand in its infrastructure, rail, and telecom sectors.
Despite supply chain complications and regulatory issues slowing down the utility sector, the TES segment achieved a 15% revenue growth.
The company's gross margins saw a 170 basis point improvement compared to Q1 2023 due to increased demand and refined production capabilities.
Adjusted EBITDA guidance was lowered to $400-$440 million.
Lower-than-expected sales were observed in used units in the ERS for Q1 2024; nonetheless, compelling residual values maintained a satisfactory gross profit.
Custom Truck One Source報告稱，2024年第一季度收入爲4.11億美元，這得益於其基礎設施、鐵路和電信領域的強勁需求。
儘管供應鏈複雜性和監管問題減緩了公用事業行業，但TES板塊實現了15％的收入增長。
由於需求增加和生產能力的提高，該公司的毛利率與2023年第一季度相比提高了170個點子。
調整後的息稅折舊攤銷前利潤預期下調至4億至4.4億美元。
2024年第一季度ERS二手車的銷售額低於預期；儘管如此，令人信服的剩餘價值保持了令人滿意的毛利。
Business Progress:
業務進展：
The company announced the acquisitions of SOS Fleet Services and the business of AMD Maintenance and Repair, expanding its geographical footprint and service capacity.
Despite current challenges, the company anticipates a recovery in 2024 due to increased demand for new equipment and rental asset sales.
The company plans to fast-track its fleet investment in high-performing sectors and expects to see an increase in OEC on rent by the end of the year.
Custom Truck is proactively preparing for the upcoming chassis emission regulations, expecting an increase in demand due to these changes.
The company expects regulatory procedures and improvements in its clients' supply chain challenges to unlock further progress moving into 2025 and 2026.
該公司宣佈收購SOS艦隊服務以及AMD維護和維修業務，擴大其地理覆蓋範圍和服務能力。
儘管目前面臨挑戰，但由於對新設備和租賃資產銷售的需求增加，該公司預計2024年將出現復甦。
該公司計劃加快對高績效行業的機隊投資，並預計到今年年底OEC的租金將增加。
定製卡車正在積極爲即將出臺的底盤排放法規做準備，預計這些變化會導致需求增加。
該公司預計，監管程序和客戶供應鏈挑戰的改善將在2025年和2026年取得進一步進展。
More details: Custom Truck One Source IR
更多詳情： 定製卡車單源紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。