Navistar Blames COVID-19 For Q2 Losses

Mike Brezonick

04 June 2020

Navistar International Corp. announced a second quarter 2020 net loss of $38 million, or $0.38 per diluted share, compared to second quarter 2019 net loss of $48 million, or $0.48 per diluted share. Revenues in the quarter were $1.9 billion, down 36% from second quarter 2019.

The decrease was primarily…

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