Strong Revenue and Net Income
Achieved revenues of $1.85 billion and net income of $60.3 million or $0.73 per diluted share in Q1 2025.
Dividend Declaration
Board of Directors declared a cash dividend of $0.18 per common share for the quarter.
Outperformance in Medium Duty Truck Sales
Despite a 3.5% decline in the overall market, sold 3,329 new Class 4 through 7 trucks, increasing market share to 5.6% in the U.S.
Aftermarket Expansion
Expanded aftermarket sales force and added service technicians to improve service levels and decrease customer dwell time.
Leasing and Rental Revenue Increase
Leasing and rental revenue increased by 2.3% compared to Q1 2024, totaling $90 million for the quarter.