Wabash National Reports Q1 Earnings Below Expectations, Guides for Sequential Improvement
Wabash National (NYSE: WNC) reported first-quarter earnings that missed expectations with revenue of $303 million and negative adjusted EBITDA. Management expects a trough in the quarter followed by sequential improvement as backlog rose 19% to $837 million, forecasting Q2 revenue between $380–$400 million.
Tickers: $WNC
Topics: adjusted EBITDA loss financial results free cash flow negative guidance for Q2 revenue miss