Textainer Group Holdings Limited TGH today reported results for the fourth quarter and full year ended December 31, 2010.
Total revenue for the fourth quarter 2010 was $84.0 million, which was an increase of $16.7 million, or 25%, compared to $67.3 million for the prior year quarter. For the year ended December 31, 2010, total revenue was $303.9 million, which was an increase of $64.9 million, or 27%, compared to $239.0 million for the prior year. EBITDA for the fourth quarter 2010 was $65.3 million, which was an increase of $23.6 million, or 57%, compared to $41.7 million for the prior year quarter.
Net income attributable to Textainer Group Holdings Limited common shareholders per diluted common share excluding unrealized losses on interest rate swaps, net for the fourth quarter 2010 was $0.72 per share, which was an increase of $0.26 per share, or 57%, compared to $0.46 per share for the prior year quarter.
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