Hyster-Yale: Fourth Quarter Financial Overview

Hyster-Yale Reports Fourth Quarter Financial Results

Hyster-Yale, Inc., headquartered in Cleveland, announced on Tuesday that it experienced a net loss of $52.5 million during the fourth quarter.

The company indicated that this equates to a loss of $2.96 per share. After accounting for nonrecurring items, the adjusted loss was $2.06 per share.

During the same period, Hyster-Yale generated $923.2 million in revenue from its lift truck and aftermarket parts operations.

Looking at the full year, the company recorded a total loss of $60.1 million, or $3.40 per share, with annual revenue reaching $3.77 billion.