Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Custom Truck One Source ( (CTOS) ) just unveiled an update.
On March 4, 2025, Custom Truck One Source reported its financial results for the fourth quarter and full year of 2024. The company saw a significant improvement in its fourth-quarter performance, with a total revenue increase of 16.4% compared to the previous quarter and a net income of $27.6 million, reversing a net loss from the third quarter. Despite a full-year revenue decrease of 3.4% compared to 2023, the company achieved record performance in its Truck and Equipment Sales segment and reduced its inventory by more than $150 million, setting a positive outlook for 2025.
More about Custom Truck One Source
Custom Truck One Source, Inc. is a leading provider of specialty equipment to the electric utility, telecom, rail, and other infrastructure-related end markets.
YTD Price Performance: -8.47%
Average Trading Volume: 696,796
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.03B
For an in-depth examination of CTOS stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue