Horizon Global (HZN) Reports Q1 EPS of ($0.98)

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Go back to Horizon Global (HZN) Reports Q1 EPS of ($0.98)

Horizon Global Reports Financial Results for First Quarter 2022

May 5, 2022 6:30 AM EDT

First Quarter Summary

Net sales of $180.9 million $18.3 million decrease from first quarter of 2021 Gross profit of $20.2 million $20.4 million decrease from first quarter of 2021 Gross profit margin(4) decreased to 11.2% from 20.4% in the first quarter of 2021 Net loss of $27.0 million $11.8 million deterioration from first quarter of 2021 Adjusted EBITDA(1) of $(6.6) million $19.3 million reduction from first quarter of 2021

PLYMOUTH, Mich.--(BUSINESS WIRE)-- Horizon Global Corporation (NYSE:... More