Provides Initial Outlook for 2015 Adjusted 2014 Fourth Quarter EPS of $0.61, including $0.03 discrete tax benefit Adjusted 2014 Full Year EPS of $2.87, including $0.03 discrete tax benefit
Same Store Sales decrease 3.0% in the Fourth Quarter 2014 PITTSBURGH , Feb.
Net Sales Increased 34% in Q4 and 35% in FY 2014 Organic Net Sales Increased 11% in Q4 and 12% for FY 2014, Excluding Results of Earthbound and So Delicious Adjusted Total Operating Income Increased 43% in Q4 and 45% in FY 2014; Continued Strong Operating Margin Expansion Adjusted Diluted Earnings per Share Increased 24% in Q4 to $0.27 and 36% in FY 2014 to $1.00, Excluding China Joint Venture FY 2015 Adjusted Diluted Earnings Per Share Guidance of $1.08 to $1.12, Excluding China Joint Venture Investments.
Mobile Mini, Inc. (NASDAQ GS:MINI) (the “Company” or “Mobile Mini”), the
world’s leading supplier of portable storage solutions, and third
largest provider of specialty containment solutions in the United
States, today reported actual and adjusted financial results for the
quarter ended December 31, 2014.
- Fourth quarter 2014 revenue was $1.1 billion and adjusted EBITDA was $103 million; adjusted EBITDA includes approximately $60 million from asset disposal gains and the net benefit of various liability adjustments
- Strong cost performance in the East with full year 2014 eastern cost of coal sales per ton more than 10% below 2013 level - Priced approximately 5 million tons of domestic metallurgical coal at substantial premiums to average global prices - Continued proactive adjustment of operations and overhead cost structure - Introducing 2015 guidance; reduced shipment volumes, SG&A and cost of coal sales per ton compared to 2014 - Disposed of non-core assets for approximately $92 million in cash during the fourth quarter - Total liquidity at year-end of approximately $2.2 billion, including nearly $1.3 billion in cash and marketable securities BRISTOL, Va.
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