{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-048259","form_type":"8-K","ticker":"MGRC","cik":"0000752714","company_name":"MCGRATH RENTCORP","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.909571+00:00","generated_at":"2026-06-03T08:48:06.149837+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"McGrath Q1 revs $187.8M (+15%), EPS $0.93 incl $0.28 gain; modular strong","bullets":["Total revenue $187.8M, up 15% YoY; net income $22.8M vs $11.5M; diluted EPS $0.93 vs $0.47.","Adjusted EBITDA $72.1M, up 17% from $61.7M; includes $9.3M net gain on property sale.","Mobile Modular rental revenue +19% to $76.5M; Adjusted EBITDA $43.3M (+34%).","TRS-RenTelco rental revenue -13% to $25.4M on semiconductor weakness; EBITDA $18.5M (-10%).","Dividend declared $0.475/share vs $0.465 prior year, payable in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-048259","json":"https://secwatch.observer/filing/0000950170-24-048259.json","markdown":"https://secwatch.observer/filing/0000950170-24-048259.md","text":"https://secwatch.observer/filing/0000950170-24-048259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752714/000095017024048259/0000950170-24-048259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752714/000095017024048259/mgrc-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:48:06.149837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0af45d3154b00579fce9b665276b3f86e47dd427","claim":"MCGRATH RENTCORP reported first quarter ended March 31, 2024 results: revenue $187.8 million, net income $22.8 million, EPS $0.93 per diluted share.","evidence_excerpt":"total revenues from continuing operations for the quarter ended March 31, 2024 of $187.8 million, an increase of 15% compared to the first quarter of 2023. The Company reported net income from continuing operations of $22.8 million, or $0.93 per diluted share, for the first quarter of 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000095017024048259/0000950170-24-048259-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$187.8 million"},{"label":"Net income","value":"$22.8 million"},{"label":"EPS","value":"$0.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}