Summary
United Rentals, Inc. (URI) filed an 8-K on January 25, 2012, to report its financial results for the quarter and year ended December 31, 2011. The filing also announced the decision of Board Director Howard L. Clark, Jr. not to seek re-election, citing no disagreements with the company. Additionally, URI disclosed that information regarding its business, financial results, and 2012 outlook, intended for investor meetings, would be available on its website. This presentation includes key non-GAAP financial measures such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, which the company believes offer valuable insights into performance and liquidity beyond standard GAAP metrics. Investors should review the reconciliations provided by the company to understand these measures fully.
Key Highlights
- 1United Rentals reported its Q4 and full-year 2011 financial results on January 25, 2012.
- 2Board Director Howard L. Clark, Jr. will not be standing for re-election at the 2012 Annual Meeting of Stockholders.
- 3Mr. Clark's decision not to seek re-election was not due to any disagreements regarding company operations, policies, or practices.
- 4The company is making information about its business, financial results, and 2012 outlook available on its website for investor presentations.
- 5The investor presentation includes non-GAAP financial measures like free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 6URI asserts that these non-GAAP measures provide useful insights into operating performance, growth, and future profitability.