Hyster-Yale Materials: Q4 Earnings Snapshot
By AP News
Published - Feb 27, 2023, 06:39 PM ET
Last Updated - Jun 22, 2023, 07:14 PM EDT
CLEVELAND (AP) — CLEVELAND (AP) — Hyster-Yale Materials Handling Inc. (HY) on Monday reported fourth-quarter net income of $7.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Cleveland-based company said it had profit of 44 cents.
The maker of lift trucks and aftermarket parts posted revenue of $985.2 million in the period.
For the year, the company reported that its loss narrowed to $74.1 million, or $4.38 per share. Revenue was reported as $3.55 billion.