Blue Bird Corporation (BLBD) Misses Q3 EPS by 5c, Revenues Miss; 'Results Significantly Impacted by COVID-19'
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Blue Bird Fiscal 2020 Third Quarter Results Significantly Impacted by COVID-19; Focused on Margin Growth
August 12, 2020 4:00 PM EDTNet Sales of $189.2M, down 39% from prior year
Bus average selling price up 9%
GAAP net income of $1.3M, down $13.3M
GAAP Diluted EPS of 5 cents, down 50 cents
Adjusted EBITDA of $12.5M, down $16.6M
MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2020 third quarter results. GAAP net income for the third quarter was $1.3... More
