Blue Bird Corporation (BLBD) Misses Q4 EPS by 7c, Offers FY Guidance
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Strong FY2019 Results; Highest Profit in Over 10 Years
December 11, 2019 4:00 PM EST
Strategic Actions Take Hold, Increasing Margins
FY2020 Guidance Reflects Continued Growth
MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2019 full year and fourth quarter results. GAAP net income for the fourth quarter and full year were $11.6 million and $24.3 million, respectively. Compared with prior periods, Blue Bird improved Adjusted EBITDA by $4.3 million to $33.4 million in the fourth quarter and by $11.5 million to $81.8 million in the full year, despite higher commodity... More
