Holley gains on smaller Q4 loss

Holley

09/03/2023 14:17

** Shares of car parts maker Holley  HLLY.N  rise 6.1% to
$2.10 premarket 
    ** Co posts narrower Q4 loss of $0.13 per share, compared
with loss of $0.16 per share a year earlier
    ** HLLY expects FY 2023 net sales between $625 mln and $675
mln  urn:newsml:reuters.com:*:nBw7kSDZpa 
    ** "We've taken several steps to fully capture acquisition
synergies, improve our freight strategy, and right size our
operating structure" - CFO
    ** Up to last close, stock down ~6.6%, after falling ~83.68%
in 2022

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))