Segment backlog of $377 million at quarter-end decreased $611 million, or 62%, versus the prior year. The decrease is primarily due to production against backlog, cancellations and lower orders over the trailing 12 months. Within the quarter, the book-to-bill ratio for our most profitable Class B and Class C businesses was 1.2 times and 1.1 times, respectively. However, this was offset by reduced demand for Class A and towable units. With seven to eight months of unit backlog in the Class B and Class C cate ...

Disclaimers REV Group reports its financial results in accordance with U.S. generally accepted accounting principles ("GAAP"). However, management believes that the evaluation of REV Group's ongoing operating results may be enhanced by a presentation of Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, Adjusted Free Cash Flow, and Return on Invested Capital, which are non-GAAP financial measures. Adjusted EBITDA represents net income before interest expense, income taxes, depreciation and amortization a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37999 REV Group, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 26-3013415 (State or other jurisdiction of incorporation or organization) ( ...

APPENDIX Vehicles for life 图 2 寶 0 4 Fiscal Year 2024 FISCAL YEAR 2024 ADJUSTED NET INCOME OUTLOOK RECONCILIATION ($ millions) | --- | --- | --- | --- | --- | |----------------------------------------------|-------|--------|-------|--------| | | | | | | | | | Low | | High | | Net income (1) | | $ 71.1 | | $ 89.6 | | Amortization of intangible assets 2.3 2.3 | | | | | | Sponsor expense reimbursement 0.4 0.4 | | | | | | Stock-based compensation expense 12.5 10.5 | | | | | | Income tax effect of adjustments (4 ...

Company Participants Operator Good morning, and thanks for joining us. Earlier today, we issued our fourth quarter and full year fiscal 2023 results. A copy of the release is available on our website at investors.revgroup.com. Today's call is being webcast and a slide presentation which includes a reconciliation of non-GAAP to GAAP financial measures is available on our website. Mark Skonieczny In the Commercial segment, limited backlogs for school bus, terminal trucks, and street sweepers emerging from COV ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37999 REV Group, Inc. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporation or organization) 245 South Executive Drive, Suite 100 Brookfield, WI 53005 (Address of principal executive offices) (Zip Code) Delaware 26-3013415 (I.R.S. Employer Identification No. ...

Company Participants Jatin Khanna - Goldman Sachs Mike Shlisky - D.A. Davidson Mig Dobre - Baird REV Group, Inc. (NYSE:REVG) Q3 2023 Earnings Conference Call September 13, 2023 10:00 AM ET Operator Greetings and welcome to REV Group Third Quarter 2023 Earnings Conference Call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. Drew Konop Good morning, and thanks ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37999 REV Group, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 26-3013415 (State or other jurisdiction of (I.R.S. Employer incorporation or o ...

REV Group reports its financial results in accordance with U.S. generally accepted accounting principles ("GAAP"). However, management believes that the evaluation of REV Group's ongoing operating results may be enhanced by a presentation of Adjusted EBITDA, Adjusted Net Income, Free Cash Flow and Return on Invested Capital, which are non-GAAP financial measures. Adjusted EBITDA represents net income before interest expense, income taxes, depreciation and amortization as adjusted for certain non-recurring, ...

Drew Konop - Vice President of Investor Relations Mark Skonieczny - Chief Financial Officer, President & Chief Executive Officer Jerry Revich - Goldman Sachs Mig Dobre - Baird Jamie Cook - Credit Suisse John Joyner - BMO Capital Markets Mike Shlisky - D.A. Davidson Greetings. Welcome to Rev Group Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded. I'll now turn the conference over to Drew Konop, for opening remarks. Good morning, and thanks f ...