REV Group, Inc. Reports Strong Third Quarter Results, Updates Fiscal 2024 Outlook
REV Group, Inc. (REVG)
Last rev group, inc. earnings: 3/4 04:30 pm
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US:NYSE Investor Relations:
investors.revgroup.com
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Source: Business Wire
Third quarter net sales of $579.4 million compared to $680.0 million in the prior year quarterThird quarter net income of $18.0 million compared to net income of $14.9 million in the prior year quarterThird quarter Adjusted EBITDA1 of $45.2 million compared to $39.4 million in the prior year quarter, the latter of which included $9.2 million of Adjusted EBITDA attributable to Collins Bus Corporation (“Collins”) which was divested on January 26, 2024Excluding the impact of the Collins divestiture, Adjusted EBITDA increased $15.0 million, or 49.7% compared to the prior year quarter.Third quarter Adjusted Net Income1 of $24.8 million compared to $20.9 million in the prior year quarterUpdated full-year fiscal 2024 outlook:Net sales of $2.35 to $2.45 billion, net income of $226.0 to $240.0 million, Adjusted EBITDA of $155.0 to $165.0 million, and Adjusted Net Income of $76.0 to $89.0 million;Net cash from operating activities of $20.0 to $36.0 million, which includes approximately $71.0 mi
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REVG
News
- REV Group (NYSE:REVG) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Is REV Group, Inc. (REVG) The Best RV and Camping Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
- Dave Arbogast Van Depot Expands Luxury Lineup with Midwest Automotive Designs' Custom Mercedes Sprinter ConversionsPR Web
- REV Group Completes Sale of ENC, its Transit Bus BusinessBusiness Wire
- Automotive Industry Veteran David C. Dauch Joins REV Group’s Board of DirectorsBusiness Wire
REVG
Earnings
- 9/4/24 - Beat
REVG
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- REVG's page on the SEC website