Blue Bird Reports Fiscal 2021 Second Quarter Results; Focused on Margin Expansion, EV Growth and Industry Recovery; Fiscal 2021 Guidance Reaffirmed
Blue Bird Corporation (Nasdaq: BLBD) reported its fiscal 2021 second quarter results, revealing a net loss of $0.6 million, consistent with the previous year. Adjusted EBITDA dropped to $7.5 million, down $4.7 million year-over-year, driven by a decline of 1,105 unit sales due to the pandemic's impact on schools. Total revenue for the quarter was $164.7 million, reflecting the challenging market environment.
- None.
- Net loss of $0.6 million in Q2 2021, unchanged from prior year.
- Adjusted EBITDA decreased by $4.7 million year-over-year.
- Unit sales fell by 1,105, highlighting pandemic-related impacts.
Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2021 second quarter results. GAAP net loss for the quarter of
Highlights
(in millions except Unit Sales and EPS data) |
Three Months Ended April 3, 2021 |
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B/(W) 2020 |
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Six Months Ended April 3, 2021 |
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B/(W) 2020 |
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Unit Sales |
1,489 |
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(1,105) |
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|
2,744 |
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(1,310) |
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GAAP Measures: |
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|
|
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Revenue |
$ |
164.7 |
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$ |
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