Ranpak Q1 net loss $14.1M; revenue down 5.9%; lowers FY2022 EBITDA guidance

Ranpak Holdings Corp.

2022-Q1 EPS reported -$0.17 revenue$82,500,000

Net revenue $82.5M, down 5.9% YoY; constant currency revenue $83.9M, down 1.3%.
Net loss of $14.1M vs net income of $6.3M in Q1 2021; constant currency Adjusted EBITDA $19.1M, down 31.8%.
Packaging system placements up 11.4% to ~134,500 machines as of March 31, 2022.
FY2022 guidance: constant currency revenue growth 13%-18% ($425-$445M); Adjusted EBITDA lowered to $115-$125M (growth -2.5% to 6%).
Headwinds from ERP transition, delayed pricing actions, input cost inflation, and Ukraine conflict impact on Europe.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.