secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000950170-23-056545
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak Q3 2023: revenue $82.8M, adjusted EBITDA $18.0M, net loss narrows to $3.3M
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- Net revenue $82.8M (+6.4% YoY); net loss narrowed to $3.3M from $8.7M.
- Packaging system placements up 2.5% YoY to ~142,000 machines as of Sep 30, 2023.
- Gross margin expanded to 38.0% from 31.5% a year ago, a 650 bps improvement.
- Adjusted EBITDA $18.0M, up 8.4% YoY; volumes increased ~5%, price/mix down 4.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000095017023056545/0000950170-23-056545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000095017023056545/pack-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-056545

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer