HYSTER-YALE ANNOUNCES THIRD QUARTER 2026 RESULTSConsolidated Highlights: Bookings of $550 million, a 45% increase from prior year, marked the fourth consecutive quarter of elevated bookings from cyclical low point in Q2 2025 Revenue increased sequentially as stronger bookings began to translate into higher shipments Operating loss narrowed sequentially on improved volumes and structural cost savings Q3 2026 Adjusted EBITDA returned to positive Operating cash flow improved by $10 million compared to Q2 2026 Q4 2026 net income expected to improve sequentially, with adjusted net income returning to positive In Q4 2026, launched new operational initiatives and cost-reduction programs targeting at least $100 million of cost savings at maturity, while reducing working capital and capital expenditures CLEVELAND, Nov. 5, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated results for the three months ended September 30, 2026. ($ in millions except per share amounts) Three Months Ended Q3 2026 Q3 2025 % Change Q2 2026 % Change Revenues $827.4 $979.1 (15) % $812.9 2 % Operating Profit (Loss) $(9.1) $2.3 n.m.
PRNewsWire11/5/2026Neutral