Ranpak Holdings Corp. (PACK) Misses Q3 EPS by 7c, Revenues Beat

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Go back to Ranpak Holdings Corp. (PACK) Misses Q3 EPS by 7c, Revenues Beat

Ranpak Holdings Corp. Reports Third Quarter 2020 Financial Results

November 6, 2020 8:59 AM EST

Business continuity not impacted by ongoing COVID-19 pandemic; all facilities operational Packaging System placement up 10.6% year over year to approximately 113,100 machines Net revenue increased 11.1% year over year and 8.1% year over year on a constant currency basis Net loss of $6.1 million compared to net loss of $1.6 million and Adjusted EBITDA of $23.7 million (which represents approximately a 31.1% margin) is up 7.7%, or $1.7 million 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,... More