secwatch.observer — SEC 8-K summary
======================================

Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001647088-23-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Mobile Mini posts record Q2: revenue $582M, Adj. EBITDA $261M (44.9% margin), FCF $160M
--------------------------------------------------------------------------------

- Revenue $582M +11% YoY; income from cont ops $88M +46% YoY; Adj. EBITDA $261M +25% YoY (44.9% margin, +500bps).
- Free Cash Flow $160M, up 130% YoY (27.4% margin). ROIC 18.1% (+340bps).
- Repurchased 5.4M shares for $239M; economic share count reduced 9.1% over last twelve months.
- Reaffirmed 2023 Adj. EBITDA guidance $1.025B-$1.075B; expects FCF >$500M.
- Modular segment revenue $370.7M (+10.6%), margin 40.8% (+420bps); Storage segment revenue $211.4M (+12.7%), margin 52.0% (+630bps).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000164708823000069/0001647088-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000164708823000069/wsc-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001647088-23-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer