Brief: Blue Bird Reports Fiscal 2022 Fourth Quarter

Blue Bird

12/12/2022 21:03

Dec 12 (Reuters) - Blue Bird Corp  BLBD.O :
    * BLUE BIRD REPORTS FISCAL 2022 FOURTH QUARTER AND FULL YEAR
RESULTS; RECORD EV SALES AND BACKLOG; POSITIONED FOR A STRONG
RECOVERY IN FISCAL 2023
    * NET SALES WERE $257.7 MILLION FOR Q4 OF FISCAL 2022, AN
INCREASE
OF $65.5 MILLION, OR 34.1%, FROM PRIOR YEAR PERIOD
    * QTRLY LOSS PER SHARE $0.72
    * Q4 EARNINGS PER SHARE VIEW $0.04, REVENUE VIEW $221.7
MILLION --
REFINITIV IBES DATA
    * QTRLY ADJUSTED DILUTED LOSS PER SHARE $0.66
    * SEES FY 2023  NET REVENUE OF $900 MILLION -1.0 BILLION
    * SEES FULL YEAR FISCAL 2023 GUIDANCE OF NET REVENUE OF
$900-1,000
MILLION
    * RECONFIRMING OUR LONG TERM OUTLOOK OF PROFITABLE GROWTH
TOWARDS
$2 BILLION IN REVENUES AND ADJUSTED EBITDA MARGINS OF 12%, OR
$250 MILLION

Source text for Eikon:  ID:nBw1jh39ga 
Further company coverage:  BLBD.O 
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