WASHINGTON (dpa-AFX) - H&E Equipment Services, Inc. (HEES) Tuesday reported net loss of $6.21 million, or $0.17 per share for the first quarter, compared with net income of $25.89 million or $0.71 per share in the same quarter a year ago, primarily due to lower revenues.
Excluding one-time items, earnings were $1.17 million or $0.03 per share.
Revenues for the quarter declined 14% to $319.46 million from $371.36 million in the previous year.
Total equipment rental revenues were $274.0 million, a decrease of 7.2% year-on-year.
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