LIVERMORE, Calif. (AP) _ McGrath RentCorp (MGRC) on Wednesday reported first-quarter earnings of $20.2 million.

On a per-share basis, the Livermore, California-based company said it had profit of 81 cents.

The business-to-business rental company posted revenue of $129.5 million in the period.

McGrath shares have dropped 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $60.09, a decrease of slightly more than 3% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGRC at https://www.zacks.com/ap/MGRC

Automated Insights, source Associated Press News