REV Group Inc. (REVG) stock soared over 6% in pre-market trading on Wednesday, following the company's impressive fiscal first-quarter 2025 results and upbeat full-year guidance.

For the quarter ended January 31, 2025, the specialty vehicle maker reported adjusted earnings of $0.40 per share, significantly higher than Wall Street's expectations of $0.27 per share. Net sales came in at $525.1 million, outpacing the consensus estimate of $492.8 million.

The strong performance was driven by REV Group's Specialty Vehicles segment, which saw an 8.7% year-over-year increase in net sales, excluding the divested Bus Manufacturing Businesses. The segment's adjusted EBITDA surged 116% compared to the prior-year quarter, benefiting from higher sales of fire apparatus, favorable ambulance unit mix, and pricing actions.

REV Group's backlog remained robust at $4.49 billion as of January 31, 2025, reflecting continued strong demand for fire apparatus and ambulance units. The company reaffirmed its fiscal 2025 guidance, anticipating adjusted net income between $116 million and $140 million on net sales of $2.30 billion to $2.40 billion.

Commenting on the results, REV Group's President and CEO, Mark Skonieczny, stated, "We are pleased to have delivered record first-quarter results, demonstrating the strength of our operational execution and disciplined approach. This performance reinforces our confidence in the momentum we are building and positions us well for the year ahead."