REV Group, Inc. (REVG) Tops Q1 EPS by 1c

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REV Group, Inc. Reports Fiscal First Quarter 20171 Results and Provides Full-Year Guidance

March 7, 2017 5:00 PM EST

Net sales of $443 million in the first quarter 2017 grew 19% over the prior year first quarter Net loss of $13.3 million in the first quarter 2017, primarily due to one-time stock compensation expense as a result of our IPO Adjusted EBITDA2 in the first quarter 2017 was $21.1 million, which was 40% higher than first quarter 2016 First quarter 2017 Adjusted net income2 was $5.7 million, or $0.11 per diluted share, up from $0.07 per diluted share for the first quarter 2016 The... More