Ranpak Holdings Corp. (PACK) Reports Q4 Revenues of $77.7M
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Ranpak Holdings Corp. Reports Fourth Quarter and Full Year 2019 Financial Results
March 5, 2020 7:30 AM ESTPackaging System placement up 7.3% over the past twelve months to more than 104,600 machines Net sales for the fourth quarter were up 2.2% on a GAAP basis year over year and up 5.7% year over year adjusted on a constant currency basis, and recognizing revenue for Automation by the percentage of completion method for both periods Net loss for the fourth quarter of $(5.7) million compared to net loss of $(4.0) million in the prior period and Adjusted EBITDA up 15.8% year over year to $28.8 million for the fourth quarter, representing a 36.4% margin, up 320 bps year over... More
