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 …
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 …
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 …
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 …
CMS Energy net income rises despite revenue decline
JACKSON—CMS Energy, the Jackson-based utility holding company, reported net income of $243 million or 85 cents a share in the first quarter of 2020, up from $213 million or 75 …
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. …
Alta Equipment Group reports 35% jump in revenue but posts loss
LIVONIA—Alta Equipment Group Inc. (NYSE: ALTG), a provider of industrial and construction equipment and services, reported a loss of $35.4 million in 2019, compared to net income of $1.5 million …
Horizon cuts fourth-quarter loss on sales increase
PLYMOUTH—Horizon Global Corp., (NYSE: HZN), the Plymouth-based manufacturer of branded towing and trailering equipment, reported a loss of $32 million or $1.24 a share in the fourth quarter of 2019, …