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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Navistar Net Loss Closes 0 comments
    Jun 6, 2014 10:25 AM | about stocks: NAV

    Originally published at www.seclive.com

    Filing in Focus: Navistar 10-Q, June 5, 2014

    Navistar International Corporation (NYSE:NAV) announced its financial results for the second quarter of fiscal year 2014, reporting a net loss that narrowed from a year ago. The commercial truck maker posted an 8.7% increase in revenue to $2.75B, beating analyst expectations of $2.72B. The North America truck segment posted a net loss of $134M, a substantial improvement from the year-ago $303M net loss. Navistar's net loss shrunk from the year ago $374M and $4.65 per share to $297M and $3.65 per share. CEO Troy Clarke remarked that the company has much work to do, especially with its operations in North America and Brazil, and looks to build on the positive work accomplished during the quarter going forward.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: NAV
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