Shyft (NASDAQ:SHYF) Beats Q1 Sales Targets, Stock Soars
Vehicle manufacturer Shyft (NASDAQ:SHYF) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3.4% year on year to $204.6 million. The company’s full-year revenue guidance of $920 million at the midpoint came in 3.8% above analysts’ estimates. Its non-GAAP profit of $0.07 per share was significantly above analysts’ consensus estimates.