Superior Industries (SUP) Misses Q3 EPS by 6c, Revenues Beat; Affirms FY18 Revenue Outlook

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Go back to Superior Industries (SUP) Misses Q3 EPS by 6c, Revenues Beat; Affirms FY18 Revenue Outlook

Superior Industries Reports Third Quarter 2018 Financial Results

November 9, 2018 7:00 AM EST

Third Quarter 2018 Highlights:

Unit shipments of 4.7 million, compared to 5.0 million in the prior year period Net sales of $347.6 million and Value-Added Sales of $179.1 million Value-Added Sales per wheel of $37.83, up $0.40 compared to the prior year period Net loss of $0.7 million; loss per diluted share of $0.37, which includes acquisition-related expense of $0.08 per diluted share Adjusted EBITDA of $30.6 million, compared to $43.0 million in the prior year period

SOUTHFIELD, Mich.--(BUSINESS WIRE)--... More