Herc Holdings Inc. (HRI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Panzecar, VP of Investor Relations. Lisa, go ahead. Thank you, operator, and good morning, everyone. Today, we're reviewing our second quarter 2025 results with comments on operations and our financials, including our view of the industry and our strategic outlook. The prepared remarks will be followed by an open Q&A. Let me remind you that today's call will include forward-looking statements. These statements are based on the environment as we see it today, and are subject to risks and uncertainties that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, the factors identified in the press release, our Form 10Q, and our most recent annual report on Form 10K, as well as other filings with the SEC. Today, we are reporting financial results on a gap basis, which include H&E results for June in each of the three and six-month periods for 2025. In addition, we'll be discussing non-gap information that we believe is useful in evaluating the company's operating performance. Reconciliation for these non-gap measures to the closest gap equivalent can be found in the conference call materials. This morning, I'm joined by Larry Silver, President and Chief Executive Officer, Aaron Birnbaum, Senior Vice President and Chief Operating Officer, and Mark Humphrey, Senior Vice President and Chief Financial Officer. I'll now turn the call over to Larry. Thank you, Leslie, and good morning, everyone. It's been a busy time since our last earnings call. During the second quarter, we successfully completed the acquisition of H&E Equipment Services. Since then, integration activities have been underway to validate financial, operational, and cultural assumptions, identify key talent, mitigate...