Blue Bird Corporation (BLBD) Misses Q2 EPS by 3c, Revenues Miss

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Blue Bird Reports Fiscal 2021 Second Quarter Results; Focused on Margin Expansion, EV Growth and Industry Recovery; Fiscal 2021 Guidance Reaffirmed

May 12, 2021 4:00 PM EDT

Net Sales of $164.7M and GAAP Net Loss of $0.6M

Bus Average Selling Price up 9.7%

Electric Bus Sales up 50%

Adjusted EBITDA of $7.5M in Second Lowest-Volume Quarter with 1,489 Buses Sold

MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2021 second quarter results. GAAP net loss for the quarter of $0.6 million was equal to the comparable FY2020 fiscal period. Adjusted EBITDA for the... More