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Neff posts 1Q profit

MIAMI (AP) _ Neff Corp. (NEFF) on Tuesday reported first-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Miami-based company said it had profit of 18 cents.

The equipment rental company posted revenue of $95.9 million in the period.

Neff shares have risen 46 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $20.65, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEFF at https://www.zacks.com/ap/NEFF


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