secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001173514-23-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyster-Yale Q2 2023: Revenue up 22% to $1.09B; EPS $2.21 vs loss of $1.15 YoY
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- Consolidated revenues $1,090.6M, +22% YoY; operating profit $58.8M vs loss of $15.7M.
- Diluted EPS $2.21 compared to loss per share of $1.15 in Q2 2022.
- Lift Truck segment operating profit $62.5M (6.0% margin), significantly ahead of expectations.
- Bolzoni operating profit up 59% to $5.4M; Nuvera operating loss widened to $9.2M.
- Backlog of 92,800 units valued at $3.6B; company expects substantial H2 net income margin expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000081/0001173514-23-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000081/hy-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001173514-23-000081

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