REV Group, Inc. (REVG) Misses Q1 EPS by 7c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus

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Go back to REV Group, Inc. (REVG) Misses Q1 EPS by 7c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus

REV Group, Inc. Reports Fiscal 2019 First Quarter Results

March 6, 2019 4:15 PM EST

Company remains on track for organic top-line growth, improved profitability and operating cash flows in fiscal 2019; Company reiterates fiscal year 2019 guidance

Net sales of $518.7 million grew 0.7 percent compared to the prior year quarter First quarter net loss of $14.6 million and operating loss of $11.2 million First quarter Adjusted EBITDA1 of $12.3 million and Adjusted Net Loss1 of $2.9 million First quarter net cash used in operating activities was $39.4 million compared to $72.4 million in the prior year quarter, a 45.6 percent improvement... More