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General Finance Swings To Profit In Q3

General Finance Corp. (GFN) Tuesday reported a profit for the third quarter compared to a loss last year, driven mainly by a surge in revenues.

The Pasadena, California-based company's third-quarter net profit attributable to common stockholders was $1.17 million or $0.05 per share, compared to a net loss of $2.54 million or $0.12 per share last year.

Total revenues for the quarter grew 30 percent to $56.15 million from $43.32 million in the prior-year quarter.

by RTT Staff Writer

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