The Shyft Group (SHYF) Tops Q4 EPS by 10c; Offers FY23 Guidance

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Go back to The Shyft Group (SHYF) Tops Q4 EPS by 10c; Offers FY23 Guidance

The Shyft Group Reports Fourth Quarter and Full-Year 2022 Results

February 23, 2023 7:31 AM EST

Reports Q4 sales of $302 million, growth of 9% versus prior year; Achieved record full year sales of $1.0 billionRemain on target for Blue Arc Electric Vehicle (EV) production in the second half of 2023Introduce 2023 outlook with sales of $1.0 to $1.2 billion; Adjusted EBITDA of $70 to $100 million, up 20% year-over-year at the midpoint

NOVI, Mich., Feb. 23, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (Shyft or the Company), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for... More