Ranpak Holdings Corp. (PACK) Tops Q1 EPS by 10c, Revenues Beat

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Go back to Ranpak Holdings Corp. (PACK) Tops Q1 EPS by 10c, Revenues Beat

Ranpak Holdings Corp. Reports First Quarter 2021 Financial Results

May 6, 2021 7:30 AM EDT

Business continuity not impacted by ongoing COVID-19 pandemic; all facilities operational Packaging System placement up 12.9% year over year to approximately 120,700 machines at March 31, 2021 First quarter net revenue increased 38.3% year over year to $87.7 million and 31.2% year over year on a constant currency basis to $85.0 million First quarter net income of $6.3 million compared to net loss of $3.6 million Constant currency Adjusted EBITDA (AEBITDA) of $28.0 million (which represents approximately a 32.9% margin) is up 54.7%, or $9.9 million, year over year

CONCORD TOWNSHIP, Ohio--(BUSINESS WIRE)-- Ranpak Holdings Corp (NYSE:... More