Reports preliminary Q2 adjusted EBITDA $36M-$41M. “We ended the second quarter with approximately $170 million of cash. We expect that we will be back on track in the second half of the year with low single digit adjusted EBITDA margins and while we expect to consume some cash over the balance of this year to fund our warranty commitments, we are confident that with our current liquidity position, we have a clear path to our near and long-term sales and adjusted EBITDA targets within our existing manufacturing footprint,” added Siwek.
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