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Apr 03, 2021
Blue Bird Q2 2021 Earnings Report
Reported second quarter results with focus on margin expansion, EV growth and industry recovery.
Key Takeaways
Blue Bird Corporation reported a net sales of $164.7 million and a GAAP net loss of $0.6 million. The company saw an increase in bus average selling price by 9.7% and electric bus sales increased by 50%. Adjusted EBITDA was $7.5 million with 1,489 buses sold.
Net sales reached $164.7 million with a GAAP net loss of $0.6 million.
Bus average selling price increased by 9.7%.
Electric bus sales increased by 50%.
Adjusted EBITDA was $7.5 million with 1,489 buses sold.
Forward Guidance
Blue Bird is maintaining its previously provided guidance for net revenue of $750M-975M, Adj. EBITDA between $40M-$65M and Adjusted Free Cash Flow of $(5)-$20M.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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