Mobile Mini Makes the Most Out of Tough Conditions

Mobile Mini (NASDAQ: MINI) has had to deal with plenty of adversity in the industries it serves, and that has taken its toll on the company's own business prospects. Although its storage solutions business has applications for customers throughout the economy, Mobile Mini's tank and pump division primarily serves the energy industry. 2017's decline in crude oil prices has once again hurt the companies that most need Mobile Mini's services in that arena.

Coming into Friday's second-quarter financial report, Mobile Mini investors were hopeful that the company would at least be able to produce minimal growth from year-ago levels. Revenue numbers were fairly encouraging, but a decline on the bottom line on an adjusted basis showed some of the difficulties that the company continued to face. Let's look more closely at Mobile Mini and what its latest results mean for the storage specialist.

Image source: Mobile Mini.

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Source: Fool.com