Custom Truck One Source, Inc. Provides Earnings Guidance for the First Quarter Ended March 31, 2022
April 26, 2022 at 04:43 pm EDT
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Custom Truck One Source, Inc. provided earnings guidance for the first quarter ended March 31, 2022. The company is providing a preliminary first quarter 2022 revenue range of $363 million to $366 million, a net loss range of $10 million to $8 million.
Custom Truck One Source, Inc. is a provider of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America. The Company offers its specialized equipment to a diverse customer base for the maintenance, repair, upgrade and installation of critical infrastructure assets. Its segments include Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). ERS segment owns a range of new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks and other machinery and equipment. TES segment offers a variety of new equipment for sale to be used across its end-markets. APS segment includes the sale of specialized aftermarket parts, including captive parts related to its Load King brand, used in the maintenance and repair of the equipment the Company sells and rents.
CUSTOM TRUCK ONE SOURCE, INC. 
