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REV Group (NYSE:REVG) +6.6% on sales and EPS beat.
Sales decline of 11% Y/Y was primarily the result of lower recreation and commercial segment net sales, partially offset by an increase in the Fire & Emergency segment.
Q2 Adj. EBITDA was $7.6M vs. $36.1M in 2Q19 due to lower profitability in all segments partially offset by lower corporate expense.
YTD net cash provided by operating activities was $22M compared to net cash used of $39.2M in the prior year period, resulting from efficient use of capital during the operational slowdowns caused by the COVID-19 pandemic.