Horizon Global (HZN) Reports Q4 Loss of $0.58

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Go back to Horizon Global (HZN) Reports Q4 Loss of $0.58

Horizon Global Reports Financial Results for the Fourth Quarter and Full Year 2021

March 10, 2022 6:30 AM EST

Fourth Quarter Highlights

Net sales of $164.3 million $11.6 million decrease from fourth quarter of 2020 Gross profit of $16.0 million $16.9 million decrease from fourth quarter of 2020 Gross profit margin(4) decreased to 9.7% from 18.7% in the fourth quarter of 2020 Net loss from continuing operations of $16.2 million $10.3 million deterioration from fourth quarter of 2020 Adjusted EBITDA(1) of $(8.0) million $15.3 million decrease from fourth quarter of 2020

Full Year Highlights

Net sales of $782.1... More