Holley Inc. (HLLY) reported fourth quarter net income of $1.2 million, or $0.01 per share, compared to a loss of $15.2 million, or $0.13 per share, last year. Adjusted loss was $0.5 million compared to a loss of $22.6 million last year. On an adjusted basis, the company reported breakeven per share compared to a loss of $0.19. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.02, for the quarter. Analysts' estimates typically exclude special items.
Net sales increased 1.0% to $155.7 million compared to $154.2 million last year. Analysts on average had estimated $153.26 million in revenue.
For 2024, the company expects net sales in a range of $640 million - $680 million.
For the first quarter, the company expects net sales in a range of $150 million - $160 million.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.