Blue Bird Corporation (BLBD) Misses Q2 EPS by 21c, Offers Guidance
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Blue Bird Reports Fiscal 2022 Second Quarter Results; Focused on Electric Vehicle Growth and Process Improvement; Challenging Business Environment; Revising FY2022 Guidance
May 12, 2022 4:00 PM EDT
Net Sales of $207.7M and GAAP Net Loss of $12.1M;
Firm Order Backlog of Record 6,600+ units;
Electric Type C & D Bus Backlog of nearly 360 units;
Adjusted EBITDA of $(10.7)M with 1,931 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 second quarter results. GAAP net loss for the quarter of $12.1 million was $11.5 million higher than the same FY2021 fiscal period. Adjusted EBITDA for the quarter was $(10.7) million, $18.2 million below... More
