Horizon Global cuts loss despite lower sales
PLYMOUTH–Horizon Global Corp. (NYSE: HZN) reported a loss of $16.7 million or 66 cents a share in the first quarter of 2020, an improvement from a loss of $25.1 million …
Alta loss grows on acquisition expenses
LIVONIA—Alta Equipment Group Inc. (NYSE: ALTG), a provider of industrial and construction equipment and related services, posted a loss of $17 million or 91 cents a share in the first …
Lear profits, sales fall amid slowdown
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield supplier of automotive seating systems and electronics, reported net income of $76 million or $1.26 per share, down from $229 million or $3.73 per …
Spartan Motors profit rises
NOVI—Spartan Motors Inc. (Nasdaq: SPAR), the specialty vehicle manufacturer, reported net income of $7.9 million or 22 cents a share in the first quarter, up from $1.4 million or 4 …
Writedown causes huge loss at Superior Industries
SOUTHFIELD—The aluminum wheel manufacturer Superior Industries International Inc. reported a loss of $190.1 million or $7.84 a share in the first quarter of 2020, compared to net income of $2 …
Loss grows at pharma startup Millendo
ANN ARBOR—Millendo Therapeutics Inc. (Nasdaq:MLND), a clinical stage biopharmaceutical company developing novel treatments for endocrine diseases with significant unmet needs, reported a loss of $12 million or 65 cents per …
Esperion reports first financial results since new cholesterol drug approval
ANN ARBOR—Esperion Therapeutics Inc. (NASDAQ:ESPR) reported a loss of $78.2 million or $2.84 a share in the first quarter of 2020, vs. net income of $87.4 million or $3.07 a …
Dow reports sales, profit decline
MIDLAND—Dow Chemical Co. reported first quarter net income of $258 million or 32 cents a share, down from net income of $601 million or 74 cents a share in the …
TriMas profit slumps despite sales increase
BLOOMFIELD HILLS—TriMas Corp. (NASDAQ: TRS), the Bloomfield Hills diversified manufacturer, reported net income of $13.1 million or 30 cents a share in the first quarter of 2020, down from $19.1 …
Masco sales, profits rise in first quarter
LIVONIA—Masco Corp. (NYSE: MAS), the manufacturer of home improvement and building products, reported a 4 percent increase in revenue to $1.58 billion in the first quarter of 2020 compared to …