The Shyft Group Reports Fourth Quarter and Full-Year 2024 Results [Yahoo! Finance]
The Shyft Group, Inc. (SHYF)
Company Research
Source: Yahoo! Finance
Successfully shipped Blue Arc™ Class 4 EV trucks to FedEx Provides full-year 2025 sales outlook of to $970 million , up 17% year-over-year at the midpoint Entered into transformative merger agreement with Aebi Schmidt; remains on track to close by mid-2025 NOVI, Mich. Feb. 20, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft" or the "Company"), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the fourth quarter and full-year ended December 31 Shyft Group (PRNewsfoto/The Shyft Group, Inc.) Fourth Quarter 2024 Financial Highlights For the fourth quarter of 2024 compared to the fourth quarter of 2023: Sales of $201.4 million , a decrease of $0.9 million , or 0.4%, from $202.3 million Net loss of $3.4 million , or per share, compared to a loss of $4.4 million , or per share; 2024 results include $8.5 million of transaction
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