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 …
Nexteer 2019 profit, revenue fall due to China slowdown, GM strike
AUBURN HILLS—Nexteer Automotive, the Chinese-owned, Auburn Hills-based auto supplier, reported income of $232.4 million in 2019, down 38.8 percent from 2018. Revenue was $3.58 billion, down 8.6 percent from 2018. …
Esperion has cash to last until new cholesterol drug produces profits
ANN ARBOR—Esperion Therapeutics Inc. (NASDAQ:ESPR), the Ann Arbor-based pharmaceutical startup that’s about to introduce a new class of cholesterol-fighting drugs, reported a loss of $54.2 million or $2.01 a share …
OptimizeRx revenue, net income rise
ROCHESTER—OptimizeRx Corp. (NASDAQ: OPRX), a provider of digital health messaging to consumers for the pharmaceutical industry, reported net income of $406,617 or 3 cents a share, up 45 percent in …
Whirlpool returns to profits in second quarter
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR) posted net income of $67 million or $1.04 per share in the second quarter ended June 30, compared to a loss of $657 million or …
Horizon Global sales dip, loss increases
TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported a loss of $46.8 million or $1.86 a share in the fourth quarter, compared to …
Nexteer profits up nearly 8%
AUBURN HILLS — Nexteer Automotive (HK.1316), the Chinese-owned, Auburn Hills-based auto supplier, reported a 7.9 percent increase in profit attributable to equity holders to $380 million for 2018. Revenue for …