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Navistar Reports First Quarter 2021 Results


Navistar Reports First Quarter 2021 Results
- 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
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LISLE, Ill., March 9, 2021 /PRNewswire/  Navistar International Corporation (NYSE: NAV) today announced a first quarter 2021 net loss of $81 million, or $0.81 per diluted share, compared to first quarter 2020 net loss of $36 million, or $0.36 per diluted share. The loss in the first quarter of 2021 included $86 million of tax-effected significant items. ....

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