Blue Bird Corporation (BLBD) Misses Q4 EPS by 11c
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Blue Bird Reports Fiscal 2021 Fourth Quarter and Full Year Results; Impacted by Supply Chain Disruptions; Strong Demand and Record Firm Order Backlog; Well Positioned for EV Market Expansion
December 15, 2021 4:05 PM EST
Net Sales of $684M and GAAP Net income of $(0.3)M;
Firm Order Backlog of 4,200+ units;
Electric Bus Backlog at 260+ units;
Adjusted EBITDA of $34.1M with 6,679 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 fourth quarter and full year results. GAAP net income for the year of $(0.3) million was $12.5 million lower than FY2020. Adjusted EBITDA for the year was $34.1 million, $20.6 million lower than last year.... More
