INVESTOR ALERT: Kaskela Law LLC is Investigating REV Group, Inc. on Behalf of Investors
June 07 2018 - 5:00PM
Business Wire
Kaskela Law LLC is investigating REV Group, Inc. (NYSE: REVG)
(“REV” or the “Company”) on behalf of investors.
On June 7, 2018, REV announced disappointing quarterly financial
and operational results which had been “adversely impacted by near
term commodity price inflation, supply chain constraints and
shortfalls.” The Company further reported that “[a]s a result of
lower-than-expected second-quarter performance due to the negative
factors discussed above which are impacting the Company’s margins,
REV has revised its full-year [financial] outlook.” Specifically,
the Company reduced its full-year 2018 financial outlook for
revenue, adjusted EBITDA (from $200 - $220 million to $175 - $185
million), net income (from $90 - $110 million to $72 - $87
million), and adjusted net income (from $110 - $125 million to $94
- $105 million).
Following this news, shares of the Company’s common stock
significantly declined in value on June 7, 2018.
REV investors are encouraged to contact Kaskela Law LLC (D.
Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or
via www.kaskelalaw.com/case/rev/, to discuss this investigation and
their legal rights and options.
Kaskela Law LLC exclusively prosecutes shareholder actions in
state and federal courts throughout the country on behalf of
investors. For additional information about Kaskela Law LLC please
visit www.kaskelalaw.com. This notice may constitute attorney
advertising in certain jurisdictions.
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version on businesswire.com: https://www.businesswire.com/news/home/20180607006223/en/
KASKELA LAW LLCD. Seamus Kaskela, Esq.201 King of Prussia
RoadSuite 650Radnor, PA
19087484-258–1585888-715–1740skaskela@kaskelalaw.comwww.kaskelalaw.com
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