H&E Equipment Services (HEES) missed Q1 revenue and earnings expectations. Revenue fell 14% to $319.5 million, below the $362.6 million estimate. Non-GAAP EPS was $0.03, 95.5% below the $0.66 consensus. Adjusted EBITDA was $131.2 million, missing the $158 million target. Operating margin dropped to 1.8% from 13.6% year-over-year.
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