REV Group Inc. reported strong financial results for the second quarter of fiscal 2025, with net sales reaching $629.1 million, an increase from $616.9 million in the same quarter of the previous year. Notably, the prior year's figure included $32.9 million related to the Bus Manufacturing Businesses. Excluding this impact, the net sales saw a rise of $45.1 million, or 7.7%, primarily driven by higher net sales in the Specialty Vehicles segment, despite a decline in the Recreational Vehicles segment. The company's net income for the quarter was $19.0 million, up from $15.2 million in the previous year. Adjusted EBITDA showed a significant improvement, standing at $58.9 million compared to $37.5 million last year, reflecting an increase of $22.9 million, or 63.6%, when excluding the Bus Manufacturing Businesses. REV Group Inc. also updated its full-year fiscal 2025 outlook, projecting net sales between $2.35 billion and $2.45 billion, net income ranging from $88.0 million to $107.0 million, and Adjusted EBITDA between $200.0 million and $220.0 million. The company anticipates adjusted net income to be between $112.0 million and $130.0 million, with net cash provided by operating activities expected to be $150.0 million to $165.0 million and free cash flow estimated at $100.0 million to $120.0 million, including capital expenditures of $45.0 million to $50.0 million. During the quarter, REV Group Inc. made strategic use of its cash flow and financial position by repurchasing approximately 2.9 million common shares for $88.4 million. Additionally, the company plans to enhance its manufacturing throughput with a $20 million investment in its Brandon, South Dakota location.