Ranpak Holdings Reports Q3 Earnings Miss on Both Top and Bottom Lines
Ranpak Holdings (PACK) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of -$0.08, missing consensus estimates by $0.01. While revenue grew 2.3% year-over-year to reach $101.9 million, this figure missed analyst projections by approximately $6.95 million. The results indicate a period of sluggish growth and pressure on profitability for the packaging solutions provider.
Tickers: $PACK
Topics: earnings miss GAAP EPS revenue miss
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