Summary
United Rentals, Inc. (URI) filed an 8-K on July 18, 2018, primarily to disclose its second-quarter 2018 financial results and provide updated business outlook information. The press release, furnished as an exhibit, details the company's operational and financial performance for the quarter ended June 30, 2018. Investors should note the company's use of non-GAAP financial measures, including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, which are defined and reconciled to their GAAP equivalents within the provided investor presentation materials. The company is making certain information concerning its business, financial results, and 2018 outlook available on its website for investor meetings. This includes detailed explanations and reconciliations of its non-GAAP metrics, which United Rentals believes offer valuable insights into operating performance, cash earnings, and future profitability, serving as complements to GAAP-based reporting for investors.
Key Highlights
- 1Disclosure of second-quarter 2018 financial results via press release.
- 2Furnished press release as Exhibit 99.1 to the 8-K filing.
- 3Information regarding business, financial results, and 2018 outlook made available on the company website.
- 4Emphasis on non-GAAP financial measures: free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 5Detailed definitions and reconciliations of non-GAAP measures provided.
- 6Company's rationale for using non-GAAP measures to provide insights into operating performance and cash flow.
- 7Information to be maintained on the company website until superseded or no longer in use for investor presentations.