secwatch.observer — SEC 8-K summary
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Issuer:     Blue Bird Corp (BLBD)
CIK:        0001589526
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001589526-23-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Bird posts Q3 revenue $294M (+43%), net income $9.4M; raises FY adj. EBITDA guidance to ~$73M
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- GAAP diluted EPS $0.29; adjusted diluted EPS $0.44; unit sales 2,137 (+24% YoY).
- Adjusted EBITDA $28.0M, up $19.2M YoY, with margin ~10%.
- FY2023 guidance raised: revenue >$1.1B, adj. EBITDA $70-76M, adj. FCF $70-80M.
- EV bookings up ~150% YoY; backlog of 550 electric school buses; EPA Phase 1 funding for at least 550 buses.
- Long-term outlook reaffirmed: $2B revenue and 12% adj. EBITDA margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589526/000158952623000101/0001589526-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589526/000158952623000101/blbd-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001589526-23-000101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer