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Mar 31, 2020
EnerSys Q4 2020 Earnings Report
EnerSys reported a net loss for Q4 2020, but adjusted non-GAAP EPS was positive, reflecting good performance despite COVID-19 challenges.
Key Takeaways
EnerSys reported a net loss of $1.5 million for Q4 2020, or -$0.04 per diluted share. However, excluding highlighted items, adjusted non-GAAP EPS was $1.11. Net sales for the quarter were $781.8 million, a 2% decrease from the prior year. The company faced challenges including the impact of COVID-19 on its factories and supply chain.
Net loss for Q4 2020 was $1.5 million, or $0.04 per diluted share.
Adjusted non-GAAP EPS for Q4 2020 was $1.11.
Net sales for Q4 2020 were $781.8 million, a 2% decrease from the prior year.
The company experienced challenges from COVID-19, including impacts on factories and the supply chain.
EnerSys
EnerSys
Forward Guidance
Company did not provide forward guidance.