- Shyft press release ( NASDAQ: SHYF ): Q2 Non-GAAP EPS of $0.21 beats by $0.03 .
- Revenue of $232.2M (-4.8% Y/Y) beats by $9.17M .
- Adjusted EBITDA of $13.7 million, or 5.9% of sales, a decrease of $14.9 million, from $28.6 million, or 11.7% of sales. Results include $7.0 million of EV development costs.
- Consolidated backlog at June 30, 2022, totaled $1.1 billion, up $383.8 million, or 51.1%, compared to $751.4 million at June 30, 2021, reflecting continued strong demand across all business units.
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Shyft Non-GAAP EPS of $0.21 beats by $0.03, revenue of $232.2M beats by $9.17M