Reports Q4 revenue $202.3M, consensus $191.55M. “We drove positive cash generation by remaining focused on the operational levers within our control,” said John Dunn, President and CEO. “Our Specialty Vehicles business delivered strong overall profitability driven by robust demand for our vocational work trucks. While Fleet Vehicles and Services performance was underwhelming due to lower customer demand, the leadership team is responding with decisive commercial and operational actions to improve profitability.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SHYF:
- The Shyft Group Reports Fourth Quarter and Full-Year 2023 Results
- Shyft Group, Inc. (SHYF) Q4 Earnings Cheat Sheet
- The Shyft Group Announces Fourth Quarter and Year-End 2023 Financial Results Conference Call
- The Shyft Group Announces Quarterly Dividend
- The Shyft Group Announces Segment Leadership Update