earnings
confidence high
sentiment neutral
materiality 0.75
Ranpak Q3 net revenue up 11.4% to $92.2M; net loss widens to $8.1M; constant currency Adj. EBITDA up 13.9%
Ranpak Holdings Corp.
2024-Q3 EPS reported
-$0.13
revenue$263,900,000
- Net revenue $92.2M vs $82.8M a year ago; constant currency revenue $94.7M (+10.5%).
- Net loss of $8.1M compared to net loss of $3.3M in Q3 2023.
- Constant currency Adjusted EBITDA $20.5M, up 13.9% YoY.
- Packaging system placements 143.6k machines (+1.1% YoY); paper volume up 14.7%.
- Void-fill revenue up 28.4% to $43.9M; cushioning down 9.0% to $32.5M.