REV Group, Inc. (REVG) Misses Q2 EPS by 6c, Guidance Misses Consensus

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Go back to REV Group, Inc. (REVG) Misses Q2 EPS by 6c, Guidance Misses Consensus

REV Group, Inc. Reports Second Quarter Results and Updates Fiscal 2022 Outlook

June 7, 2022 7:00 AM EDT

Second quarter net sales of $576.3 million compared to $643.6 million in the prior year quarter Second quarter net loss of $2.3 million compared to net income of $20.6 million in the prior year quarter Second quarter Adjusted EBITDA1 of $23.8 million compared to $45.5 million in the prior year quarter Second quarter Adjusted Net Income of $10.6 million compared to $25.7 million in the prior year quarter End of second quarter $3.6 billion record backlog on strong order intake Repurchased approximately 1.7 million of its common shares for $21.5 million Updates full-year fiscal 2022 outlook to net sales of $2.25 to... More