Summary
United Rentals, Inc. (URI) filed an 8-K on July 19, 2011, to report its financial results for the quarter ended June 30, 2011. The company issued a press release detailing these results, which is included as an exhibit. Additionally, the filing indicates that URI is providing certain business, financial results, and 2011 outlook information through investor presentations, accessible on its website. This information includes non-GAAP financial measures like free cash (usage) flow, EBITDA, adjusted EBITDA, and adjusted EPS, which the company believes offer useful insights into its performance and liquidity beyond traditional GAAP metrics. Reconciliations to GAAP measures are provided within these presentations.
Key Highlights
- 1United Rentals announced its financial results for the second quarter ended June 30, 2011, via a press release filed with the 8-K.
- 2The company is making additional business, financial results, and 2011 outlook information available to investors through presentations on its website (www.ur.com).
- 3The provided information includes several non-GAAP financial measures: free cash (usage) flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 4United Rentals emphasizes that these non-GAAP measures are intended to supplement, not replace, GAAP financial statements like net income and EPS.
- 5The company believes these non-GAAP measures offer valuable insights into operating performance, growth, and future profitability.
- 6Reconciliations between the non-GAAP measures and their corresponding GAAP figures are available in the investor presentations.