REV Group, Inc. (REVG) Tops Q1 EPS by 2c, Offers Guidance

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REV Group, Inc. Reports First Quarter Results and Reaffirms Fiscal 2022 Outlook

March 9, 2022 7:00 AM EST

First quarter net sales of $537.0 million compared to $554.0 million in the prior year quarter, a decrease of 3.1% First quarter net loss of $0.7 million compared to $0.0 million in the prior year quarter First quarter Adjusted EBITDA1 of $18.3 million compared to $23.2 million in the prior year quarter First quarter Adjusted Net Income of $8.0 million compared to Adjusted Net Income of $8.8 million in the prior year quarter End of first quarter $3.4 billion record backlog on strong order intake within all segments Repurchased approximately 2.0 million of its common shares for $24.4 million Reaffirms... More