Holley gains on higher sales forecast, Q2 rev beat

Holley

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))