Ranpak Holdings Corp. Reports First Quarter 2020 Financial Results

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Ranpak Holdings Corp. (PACK) Misses Q1 EPS by 3c, Revenues Miss

May 11, 2020 7:34 AM EDT

Ranpak Holdings Corp. (NYSE: PACK) reported Q1 EPS of ($0.05), $0.03 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $63.4 million versus the consensus estimate of $65.12 million.

Omar Asali, Chief Executive Officer, commented, Since the outbreak of COVID-19 Ranpak has taken decisive actions to promote the safety of our employees and customers, proactively managed our global supply chain to ensure a steady supply of our essential systems, and positioned our company to help support those in need. I am incredibly proud of all the ways our employees are responding to this... More