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

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

Ranpak Holdings Corp. Reports First Quarter 2020 Financial Results

May 11, 2020 7:30 AM EDT

Protective Packaging considered an essential industry in all Ranpak areas of operation Packaging System placement up 8.5% year over year to nearly 107,000 machines Net sales decreased 4.1% year over year and 4.6% year over year on a constant currency basis Net loss of $3.6 million compared to net loss of $3.4 million and Adjusted EBITDA of $18.1 million (which represents approximately a 28% margin) is down 8.1% year over year

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp (NYSE: PACK) (Ranpak or the Company), a leading provider of environmentally sustainable, systems-based, product... More