Rev Group cuts FY24 revenue view to $2.45B-$2.55B from $2.6B-$2.7B

Consensus $2.61B. Cuts FY24 adjusted EBITDA view to $145M-$165M from $165M-$185M. Sees FY24 adjusted free cash flow $57M-$72M. “The strategic and capital allocation actions taken by the company within and subsequent to our fiscal first quarter were aimed at optimizing our portfolio of products, creating a more focused operating structure and unlocking shareholder value,” said Skonieczny.