earnings
confidence high
sentiment positive
materiality 0.75
Ranpak Q2 net revenue $86.4M (+5.5%), net income $5.5M vs loss, AEBITDA $20.4M (+7.4%)
Ranpak Holdings Corp.
2024-Q2 EPS reported
-$0.03
revenue$171,700,000
- Net revenue $86.4M up 5.5% YoY; constant currency revenue $89.6M up 5.9%.
- Net income $5.5M vs net loss of $2.1M in prior year quarter.
- Constant currency AEBITDA $20.4M, up 7.4% YoY.
- Volume growth 8.8% in North America and 3.2% in Europe/APAC.
- Packaging system placements up 0.4% to ~141,200 machines as of June 30, 2024.