Ranpak Holdings Corp. (PACK) Tops Q3 EPS by 4c, Revenues Beat

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Go back to Ranpak Holdings Corp. (PACK) Tops Q3 EPS by 4c, Revenues Beat

Ranpak Holdings Corp. Reports Third Quarter 2019 Financial Results

November 7, 2019 6:45 AM EST

Packaging System placement up 7.5% year over year to more than 102,000 machines Net sales up 6.1% year over year and 8.8% year over year on a constant currency basis and adjusted for fair value accounting Gross profit margin up 70 bps year over year to 42.7% and Adjusted gross profit margin up more than 200 bps year over year to 44.2% Net loss of $(1.6) million compared to net income of $0.3 million and Adjusted EBITDA up 6.9% year over year to $22.0 million (31.3% margin)

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp. (NYSE: PACK)... More