REV Group, Inc. (REVG) Tops Q1 EPS by 13c

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REV Group, Inc. Reports First Quarter Results and Updates Fiscal 2023 Outlook

March 8, 2023 7:00 AM EST

First quarter net sales of $583.5 million compared to $537.0 million in the prior year quarter First quarter net loss of $13.5 million compared to a net loss of $0.7 million in the prior year quarter First quarter Adjusted EBITDA1 of $21.3 million compared to $18.3 million in the prior year quarter First quarter Adjusted Net Income1 of $6.9 million compared to $8.0 million in the prior year quarter Reaffirms full-year fiscal 2023 outlook for net sales of $2.3 to $2.5 billion, Adjusted EBITDA of $110 to $130 million, and Adjusted Net Income of $42 to $60 million; Updates outlook for net income to $13 to $32... More