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REV Group Stock Soars 11.99% on Strong Q3 Earnings
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Sep 3, 2025 7:41 am ET1min read
Aime SummaryOn September 3, 2025, REV Group's stock surged by 11.99% in pre-market trading, reflecting a significant boost in investor confidence.
REV Group reported strong fiscal third-quarter earnings, with net sales reaching $644.9 million, a notable increase from $579.4 million in the same period last year. This growth was driven by robust demand across various segments, particularly in the emergency response and specialty vehicle sectors.
The company's adjusted net income for the quarter was $0.79 per diluted share, up from $0.48 a year earlier. This improvement was attributed to effective cost management and operational efficiencies, which helped offset rising input costs.
REV Group also updated its 2025 guidance, reflecting optimism about the company's future performance. The updated outlook includes expectations for continued revenue growth and improved profitability, driven by strong order backlogs and strategic investments in new product lines.
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