Ranpak Holdings Corp. Reports Second Quarter 2020 Financial Results

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Ranpak Holdings Corp. (PACK) Misses Q2 EPS by 7c, Revenues Beat

July 30, 2020 7:41 AM EDT

Ranpak Holdings Corp. (NYSE: PACK) reported Q2 EPS of ($0.12), $0.07 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $66.1 million versus the consensus estimate of $63.19 million.

Omar Asali, Chairman and Chief Executive Officer, commented, The Ranpak team delivered an outstanding performance in the second quarter and adapted well to a rapidly changing and challenging operating environment. Net revenue of $67.8 million increased 13.2% year over year on a constant... More