Blue Bird Corporation (BLBD) Tops Q1 EPS by 21c
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Blue Bird Reports Fiscal 2022 First Quarter Results; Focused on Margin Expansion and EV Growth; Impacted by Supply Chain Disruptions, Inflationary Pressures; Confirms FY2022 Guidance
February 9, 2022 4:00 PM EST
Net Sales of $129.2M and GAAP Net Loss of $4.1M;
Firm Order Backlog of Record 4,800+ units;
Electric Type C & D Bus Backlog at 280+ units;
Adjusted EBITDA of $3.6M with 1,149 Buses Sold
MACON, Ga.--(BUSINESS WIRE)-- Blue Bird Corporation (Blue Bird) (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today its fiscal 2022 first quarter results. GAAP net loss for the quarter of $4.1 million was $2.5 million higher than the same FY2021 fiscal period. Adjusted EBITDA for the quarter was $3.6 million, down $2.2 million from last year.... More
