Ranpak Holdings Corp. (PACK) Misses Q1 EPS by 17c

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Go back to Ranpak Holdings Corp. (PACK) Misses Q1 EPS by 17c

Ranpak Holdings Corp. Reports First Quarter 2022 Financial Results

May 6, 2022 7:30 AM EDT

Packaging System placement up 11.4% year over year to approximately 134,500 machines at March 31, 2022 First quarter net revenue decreased 5.9% year over year to $82.5 million and 1.3% year over year on a constant currency basis to $83.9 million First quarter net loss of $14.1 million compared to net income of $6.3 million First quarter constant currency Adjusted EBITDA (AEBITDA) of $19.1 million down 31.8%, or $8.9 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, product protection solutions... More