REV Group(REVG) - 2024 Q1 - Earnings Call Transcript

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 ...