secwatch.observer — SEC 8-K summary
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Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001647088-23-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Mobile Mini Q3 revenue $605M +5%, Adj. EBITDA $266M +11%, margin 43.9%
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- Revenue $605M (+5% YoY); income from continuing ops $92M (+17%); Adj. EBITDA $266M (+11%), margin 43.9% (+250 bps).
- Free Cash Flow $148M (+77% YoY); free cash flow margin 24.4%; repurchased 5.0M shares for $220M.
- Modular segment revenue +7% to $388M; Storage segment revenue +1% to $217M; pricing up but units on rent down.
- Invested $333M in two acquisitions; completed $500M senior notes at 7.375% due 2031; leverage at 3.3x.
- Announced Investor Day March 4, 2024; 2023 guidance: ~$1,058M Adj. EBITDA, ~$550M Free Cash Flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000164708823000083/0001647088-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000164708823000083/wsc-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001647088-23-000083

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