Navistar posts big jump in Q2 earnings with help from TuSimple

Navistar International Corp. (NYSE: NAV) reported a big jump in its Q2 fiscal-year earnings due in part to gains on its investment in autonomous trucking software startup TuSimple Holdings.

Navistar and TuSimple (NASDAQ: TSP) are working together to bring a Class 8 high-autonomy truck to market in 2024. 

Adjusted net income was $72 million, or 72 cents per fully diluted share, nearly twice a consensus of analysts compiled by investor site Seeking Alpha. Navistar reported an adjusted net loss of...

https://www.freightwaves.com/news/navistar-posts-big-jump-in-q2-earnings-with-help-from-tusimple

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