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Navistar Reports First Quarter 2021 Results

Mar 09, 2021 - Nasdaq
Mergers and Acquisitions

- Reports first quarter 2021 net loss of $81 million, or $0.81 per diluted share, on revenues of $1.8 billion

- Generates adjusted EBITDA of $116 million and adjusted net income of $5 million in the first quarter

- Finishes the first quarter with $1.2 billion in manufacturing cash

- Achieves 1.8 share point growth year-over-year in total Class 6-8 truck market share

- Increases production rates to meet strong demand

LISLE, Ill., March 9, 2021 /PRNewswire/ -- N...