Overview

• Ameramex Q3 revenue rises to $3.9 mln, up from $1.9 mln last year

• Net income for Q3 reaches $208,641, compared to a loss of $(1.0) mln last year

• EPS for Q3 improves to $0.01 from a loss per share of $(0.08)

Outlook

• AmeraMex anticipates significant orders for refurbished machinery by year-end

• Company expects demand for refurbished machinery to boost sales and profitability

• AmeraMex focuses on sourcing used equipment to meet market needs and expand reach

Result Drivers

• REFURBISHED MACHINERY - Increased sales and profitability driven by demand for refurbished machinery, including container handlers

• USED EQUIPMENT ACQUISITIONS - Strategic sourcing of used equipment contributes to higher margins and expanded market reach

Key Details

Press Release: ID:nNFC6ydGmJ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)