NOVI, Mich. (AP) — NOVI, Mich. (AP) — The Shyft Group, Inc. (SHYF) on Thursday reported a loss of $3.4 million in its fourth quarter.
On a per-share basis, the Novi, Michigan-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The maker of chassis for Last Mile Delivery, RVs and other vehicles posted revenue of $201.4 million in the period.
For the year, the company reported a loss of $2.8 million, or 8 cents per share. Revenue was reported as $786.2 million.
The Shyft Group expects full-year earnings in the range of 69 cents to 92 cents per share, with revenue in the range of $870 million to $970 million.
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