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Home > (GFN, VVTV, ARAY, CRWE) Stock in Focus by DrStockPick.com

(GFN, VVTV, ARAY, CRWE) Stock in Focus by DrStockPick.com

September 21st, 2011 at 03:04 pm





General Finance Corporation (Nasdaq:GFN) announced its consolidated financial results for the fourth quarter and fiscal year ended June 30, 2011.Total revenues were $50.6 million, an increase of 16% over the fourth quarter of 2010. Leasing revenues comprised 47% of total revenues versus 45% for the fourth quarter of 2010. Adjusted EBITDA was $10.9 million, an increase of 33% over the fourth quarter of 2010. Net loss attributable to common shareholders was $14.7 million, or $0.67 per share, including goodwill impairment of $5.9 million.

General Finance Corporation, through its subsidiaries, engages in the lease and sale of portable storage containers, portable container buildings, and freight containers in Australia and New Zealand.

Read the full article and the disclaimer at: http://drstockpick.com/?p=22119

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