Summary
United Rentals, Inc. (URI) filed an 8-K on October 28, 2009, to report its financial results for the quarter ended September 30, 2009. The filing primarily serves to furnish a press release detailing these results, which is included as an exhibit. Additionally, the company is making certain business and financial information, along with its 2009 outlook, available on its website for investor presentations. Investors should note that the company is presenting certain non-GAAP financial measures, including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS. While URI believes these measures offer useful insights into operational performance and future profitability, it explicitly states they should not be considered alternatives to GAAP measures like net income or cash flow from operations. The press release and website presentation are key resources for understanding the company's performance and forward-looking statements.
Key Highlights
- 1United Rentals, Inc. reported its third-quarter 2009 financial results on October 28, 2009, via an 8-K filing.
- 2The 8-K filing includes a press release (Exhibit 99.1) that details the company's operational and financial performance for the quarter ended September 30, 2009.
- 3The company is also providing additional business, financial results, and 2009 outlook information on its website (www.ur.com) for investor meetings and presentations.
- 4URI is utilizing and explaining several non-GAAP financial measures in its disclosures, including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 5The company explicitly defines these non-GAAP measures and provides reconciliations to their GAAP counterparts.
- 6URI emphasizes that while these non-GAAP measures are considered useful, they are not replacements for traditional GAAP financial metrics such as net income or EPS.
- 7The filing indicates the ongoing engagement with investors through presentations and the use of various communication channels to disseminate financial information.