Herc Holdings(HRI) - 2020 Q3 - Earnings Call Presentation

Financial Performance - Q3 2020 - Equipment rental revenue was $402.3 million, a decrease of 12.5% year-over-year[9] - Total revenues reached $456.7 million, down 10.1% compared to the previous year[9] - Net income significantly increased by 324.5% year-over-year to $39.9 million[9] - Earnings per diluted share rose by 321.9% year-over-year to $1.35[9] - Adjusted EBITDA was $196.7 million, a decrease of 6.1% year-over-year, with an adjusted EBITDA margin of 43.1%, an increase of 190 bps year-over-year[9] Fleet Management - The company managed a fleet valued at $3.73 billion at OEC (Original Equipment Cost)[16] - Fleet disposals in Q3 2020 amounted to $124 million, generating approximately 37% proceeds as a percentage of OEC[18] Market and Strategy - The company is focusing on high-growth urban markets, operating in 39 states and 5 provinces with 270 locations[14] - ProSolutions rental revenue increased by 14% in Q3 compared to the prior year[11] - The company updated its FY 2020 adjusted EBITDA guidance to $655 million to $675 million[41]