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

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 Ranpak Holdings Corp. Reports Second Quarter 2020 Financial Results

July 30, 2020 7:30 AM EDT

Protective Packaging considered an essential industry in all Ranpak areas of operation Packaging System placement up 9.2% year over year to nearly 110,000 machines Net revenue increased 16.8% year over year and 13.2% year over year on a constant currency basis Net loss of $8.5 million compared to combined net loss of $31.4 million and Adjusted EBITDA of $19.0 million (which represents approximately a 28.0% margin) is up 13.1%, or $2.2 million year over year

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