REV Group, Inc. (REVG) Misses Q2 EPS by 11c, Revenues Miss; Offers FY18 Revenue Mid-Point Guidance Below Consensus

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Go back to REV Group, Inc. (REVG) Misses Q2 EPS by 11c, Revenues Miss; Offers FY18 Revenue Mid-Point Guidance Below Consensus

REV Group, Inc. Reports Fiscal 2018 Second Quarter Results

June 6, 2018 4:51 PM EDT

Well positioned with record Q2 revenue and backlog, however adversely impacted by near term commodity price inflation, supply chain constraints and shortfalls in our Commercial Segment

Updated full year guidance reflects continued year over year revenue growth of 10% and Adjusted EBITDA growth of 11% at the midpoint of the range

Net sales of $608.9 million, representing growth of 11.7% compared to the prior year1 quarter Second quarter net income of $7.4 million, an increase of 9.2% compared to the prior year quarter Second quarter... More