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Custom Truck One Source, Inc. Reports Fourth Quarter and Full-Year 2024 Results

1. CTOS reports Q4 revenue of $520.7 million, up 16.4% quarterly. 2. Full-year revenue reaches $1.802 billion, indicating strong growth.

Earnings
+20.45%Current Return
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+1.07%S&P 500
$4.0103/04 04:14 PM EDTEvent Start
$4.8303/05 10:42 PM EDTLatest Updated
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FAQ

Why Bullish?

The quarterly revenue growth reflects strong demand, potentially boosting investor confidence. Historical trends show similar revenue increases leading to positive stock performance.

How important is it?

The significant increase in revenue is likely to influence market sentiment favorably. Earnings reports often affect stock valuations directly and quickly.

Why Short Term?

Quarterly results typically create immediate market reactions; thus, short-term impact is expected. CTOS's strong revenue growth may attract immediate investor interest.

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XLRNDECAT
KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, and other infrastructure-related end markets, today reported financial results for the fourth quarter and full year ended December 31, 2024. CTOS Fourth-Quarter and Full-Year Highlights Total quarterly revenue of $520.7 million, an increase of $73.5 million or 16.4%, compared to the third quarter of 2024 Full-year revenue of $1,802.3 mi.

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