Hyster-Yale posted third-quarter revenue of $827 million, up 2% from the prior quarter, as stronger bookings began to translate into higher shipments. The company reported an adjusted operating loss of $8 million and an adjusted net loss of $14 million, both representing a sequential improvement of approximately $9 million and $16 million, respectively. Adjusted EBITDA turned positive at $6 million compared to a $5 million loss in the second quarter. Net debt decreased by $15 million to $485 million, while cash provided by operations improved by $10 million. The company expects Q4 bookings to exceed prior year levels and anticipates sequential revenue growth driven by higher volumes and cost actions.
