Cai international, inc. reports results for the first quarter of 2020

Cai international, inc. reports results for the first quarter of 2020.q1 loss per share $0.20.q1 adjusted earnings per share $0.67.during q1 of 2020, cai incurred a $19.2 million pre-tax impairment charge against carrying value of its railcar fleet.cai international - in april 2020, refinanced $113 million of asset-backed notes which provided additional liquidity of about $40 million.due to market conditions, we have decided to terminate sales process for our rail division.qtrly total revenue $105.02 million versus $111.1 million.
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