Shyft Group rises as Q1 results beat

Shyft

27/04/2023 15:33

** Specialty vehicle manufacturer Shyft Group Inc's  SHYF.O 
shares up 1.65% at $23.96
    ** Company posts Q1 adj profit of $0.12/shr vs est $0.04/shr
- Refinitiv
    ** Reports quarterly sales of $243 mln vs est $228.96 mln
    ** "We remain cautious in the short term given mixed demand
signals" - CFO
    ** SHYF reaffirms annual profit and sales outlook
    ** As of last close, company's shares down  about 3% YTD

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