secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001173514-23-000098
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyster-Yale Q3 net income $35.8M vs loss of $37.3M; revenue up 19% to $1.0B
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- Diluted EPS $2.06 vs loss of $2.20 in Q3 2022; operating profit $58.6M vs loss of $24.9M.
- Lift Truck operating profit $65.1M (6.8% margin); Americas led with $64.5M improvement.
- Bolzoni operating profit $2.9M vs loss of $1.3M; Nuvera loss widened to $9.4M.
- Backlog $3.5B; avg sales price per backlog unit up 21% YoY to $41,501.
- Net debt reduced to $432.4M from $476.6M; 2024 results expected similar to 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000098/0001173514-23-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351423000098/hy-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001173514-23-000098

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