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Blue Bird Reports Fiscal 2021 Second Quarter Results; Focused on Margin Expansion, EV Growth and Industry Recovery; Fiscal 2021 Guidance Reaffirmed

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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 $0.6 million was equal to the comparable FY2020 fiscal period. Adjusted EBITDA for the quarter was $7.5 million, $4.7 million below last year, reflecting 1,105 lower unit sales resulting from the pandemic impact on schools.

Highlights

(in millions except Unit Sales and EPS data)

Three Months Ended

April 3, 2021

 

B/(W)

2020

 

Six Months Ended

April 3, 2021

 

B/(W)

2020

Unit Sales

1,489

 

 

(1,105)

 

 

2,744

 

 

(1,310)

 

GAAP Measures:

 

 

 

 

 

 

 

Revenue

$

164.7

 

 

$

Blue Bird

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1.75B
31.48M
0.7%
113.32%
14.5%
Farm & Heavy Construction Machinery
Truck & Bus Bodies
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United States
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