earnings
confidence high
sentiment negative
materiality 0.60
NACCO Q2 net loss $1.0M on $12M solar impairment; adjusted EBITDA up 72%
NACCO INDUSTRIES INC
- Net loss of $1.0M ($0.13 diluted loss) vs prior-year net income of $3.3M ($0.44 EPS).
- Revenue $72.3M (+6% YoY); gross profit $15.2M (+123% YoY).
- Operating loss $2.3M includes $12.0M of solar asset impairment charges.
- Adjusted EBITDA $15.9M (+72% YoY, -3% sequentially).
- CEO expects H2 operating performance to moderate but remains confident in trajectory.