Jason Industries, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Earnings Guidance for the Year 2019
For the full year, the company reported net sales of $612,948,000 against $648,616,000 a year ago. Operating income was $16,494,000 against $23,490,000 a year ago. Net loss was $19,317,000 against $4,473,000 a year ago. Basic net loss per share available to common shareholders of the company was $0.85 against $0.32 a year ago.
For 2019, the company expects net sales in the range of $565 to $585 million.