Blue Bird Corporation (BLBD) Updates Q3 Results for Non-Cash Compensation Expnse
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Blue Bird Announces Non-Cash Adjustments to Fiscal 2016 Third Quarter Results
August 16, 2016 5:02 PM EDTFORT VALLEY, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that it is adjusting its fiscal 2016 third quarter results that were presented in last weeks earnings press release and conference call.
On August 4, 2016, Blue Bird issued a press release and filed a Form 8-K announcing preliminary financial results for the third quarter and nine months ended July 2, 2016. As noted as a possibility during the earnings conference call, Blue Bird subsequently identified necessary adjustments to the recognition of non-cash compensation... More