Blue Bird Corporation (BLBD) Misses Q3 EPS by 5c, Revenues Miss; 'Results Significantly Impacted by COVID-19'

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Go back to Blue Bird Corporation (BLBD) Misses Q3 EPS by 5c, Revenues Miss; 'Results Significantly Impacted by COVID-19'

Blue Bird Fiscal 2020 Third Quarter Results Significantly Impacted by COVID-19; Focused on Margin Growth

August 12, 2020 4:00 PM EDT

Net Sales of $189.2M, down 39% from prior year

Bus average selling price up 9%

GAAP net income of $1.3M, down $13.3M

GAAP Diluted EPS of 5 cents, down 50 cents

Adjusted EBITDA of $12.5M, down $16.6M

MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2020 third quarter results. GAAP net income for the third quarter was $1.3... More