Superior Industries (SUP) Misses Q3 EPS by 47c
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Superior Reports Third Quarter 2021 Financial Results
November 3, 2021 7:00 AM EDTDelivered Continued Growth over Market, Narrowing Adjusted EBITDA Guidance
Third Quarter 2021 Financial Highlights:
Portfolio delivered Growth over Market of 13%1; 5% Content per Wheel2 growth Net sales of $311M; Value-Added Sales Adj. for FX2 decreased 16%1 YoY to $162M Net loss of $7M; $18M decrease YoY Adjusted EBITDA2 decreased $17M YoY to $30M Funded debt of $624M and Net Debt2 of $548M Cash used by operating activities of $47MSOUTHFIELD, Mich.--(BUSINESS WIRE)-- Superior Industries International, Inc. (Superior or the Company) (NYSE:... More
