Holley gains on higher sales forecast, Q2 rev beat
10/08/2023 12:55
** Shares of car parts maker Holley HLLY.N up 8.1% at
$6.71 premarket
** Co raises 2023 net sales outlook to $635 mln-$675 mln vs
$625 mln-$675 mln expected previously
** Q2 net sales at $175.3 mln, ahead of analysts est. of
$172.6 mln
** Posts Q2 adj. net income of $16.0 mln vs $13.2 mln year
ago
** As of last close, HLLY shares up 192.9% YTD
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.chaudhary@thomsonreuters.com))