Rush Enterprises, Inc. (RUSHA) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Rush Enterprises Q2 earnings release conference call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the call, you will need to press star 1-1 on your telephone. You will then hear an automated message advising... Your hand to raise. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Rusty Rush, CEO. Please go ahead. Yes, President Controla. and Michael Goldstone, Senior VP, General Counsel, and Corporate Secretary. Steve, for a few comments. Certain statements we will make today are considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Because these statements include risk and uncertainties, our actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to those discussed in our annual report on Form 10-K for the year into December 31st, 2024, and in our other filings with the Securities and Exchange Commission. As indicated in our news release, we achieved second quarter revenues of $1.9 billion and net income of $72.4 million, or $0.90 per diluted share. I am pleased to announce that the Board of Directors approved a $0.19 per share cash dividend, a 1% increase over our prior quarterly dividend, and our ninth increase since announcing our intent to begin paying a quarterly cash dividend in July 2018....