Horizon Global: 2Q Earnings Snapshot

August 7, 2018

TROY, Mich. (AP) _ Horizon Global Corp. (HZN) on Tuesday reported a second-quarter loss of $66.9 million, after reporting a profit in the same period a year earlier.

The Troy, Michigan-based company said it had a loss of $2.68 per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share.

The towing and trailering equipment maker posted revenue of $233.3 million in the period.

Horizon Global shares have declined 50 percent since the beginning of the year. The stock has dropped 62 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HZN at https://www.zacks.com/ap/HZN

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