secwatch.observer — SEC 8-K summary
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Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001647088-24-000141
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Q2 revenue +4% to $605M; Adj. EBITDA $264M, FY guidance $1.085-1.125B; McGrath deal on track for Q4 close
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- Revenue $605M (+4%), GAAP loss $47M incl. $133M impairment; Adj. EPS $0.39.
- Adj. EBITDA $264M (+1%), margin 43.6% (+136 bps seq.); FY guidance $1.085-1.125B.
- Free cash flow $121M (20% margin); repurchased 2M shares for $79M in Q2.
- Closed $500M 6.625% senior notes due 2029; leverage 3.3x; no maturities before 2025.
- McGrath shareholder vote passed; FTC review extended to Sept 27; expected close Q4 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000164708824000141/0001647088-24-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000164708824000141/wsc-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001647088-24-000141

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