July 30, 2014
Tempe, AZ – July 30, 2014 -- Mobile Mini, Inc. (NASDAQ GS: MINI), the world’s leading supplier of portable storage solutions, today reported actual and adjusted financial results for the quarter ended June 30, 2014. Total revenues were $106.5 million and leasing revenues were $98.0 million, up from$97.1 million and $88.0 million, respectively, for the same period last year. The Company’s second quarter net income was $9.3 million, or $0.20 per diluted share, compared to a net loss of $14.4 million,or $0.32 per diluted share, respectively, for the second quarter of 2013. Prior year results included a charge of $40.2 million related to the impairment of certain leasing and other assets determined to be either non-core or uneconomic to repair. On an adjusted basis, second quarter net income was $10.8million, or $0.23 per diluted share, compared to $11.7 million, or $0.25 per diluted share, respectively, for the second quarter of 2013.