Platinum-Backed United Site Services Posts Lower 2Q Results

Platinum Equity-backed United Site Services reported a 29% drop in second-quarter adjusted Ebitda to $40.1 million as revenue declined 11% to $222 million, according to people familiar with the matter.

• The Westborough, Massachusetts-based provider of portable sanitation and temporary site services also reported about $69 million of liquidity and a cash burn for the quarter, said the people, who asked not to be identified discussing private information
  • They added management didn’t take questions during a July 18 investor call but did say that 2H Ebitda would mirror 1H’s and that revenue could fall further in 2026
• Messages left with United ...