secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000950170-24-051571
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak Q1 revenue up 5.0% to $85.3M, net loss narrows to $8.1M
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- Net revenue $85.3M, up 5.0% YoY; constant currency revenue $88.5M, up 4.4%.
- Net loss improved to $8.1M from $12.4M in prior year period.
- Constant Currency Adjusted EBITDA $20.2M, up 33.8% YoY.
- Gross margin expanded 400 bps to 37.9% (38.0% constant currency basis).
- Packaging system placements up 0.9% to approximately 140,800 machines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000095017024051571/0000950170-24-051571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000095017024051571/pack-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-051571

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