Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management believes the company is in the early stages of a once-in-a-generation transmission demand super cycle, driving record OEC on rent and historically high utilization.
Record STEM revenue was driven by strong utility end market demand and high delivery volumes, though backlog decreased sequentially due to record Q2 deliveries.
The SER segment achieved a 700 basis point margin expansion year-over-year, attributed to improved rental fundamentals and pricing discipline in transmission and distribution markets.
Strategic chassis prebuy actions and inventory positioning have been implemented to mitigate potential disruptions from upcoming EPA '27 NOx emission regulations.
#demand #high #STEM
Management believes the company is in the early stages of a once-in-a-generation transmission demand super cycle, driving record OEC on rent and historically high utilization.
Record STEM revenue was driven by strong utility end market demand and high delivery volumes, though backlog decreased sequentially due to record Q2 deliveries.
The SER segment achieved a 700 basis point margin expansion year-over-year, attributed to improved rental fundamentals and pricing discipline in transmission and distribution markets.
Strategic chassis prebuy actions and inventory positioning have been implemented to mitigate potential disruptions from upcoming EPA '27 NOx emission regulations.
#demand #high #STEM
4 days ago
