Monaco  reports revenues and earnings for the first quarter ended March 31, 2007:

First quarter 2007 revenues were $322.2 million, down 16.3% compared to $385.1 million in revenues for the first quarter 2006. First quarter 2007 gross profit was $36.0 million, down from $48.4 million a year ago. Operating income for the first quarter 2007 was $3.6 million, compared to $14.5 million for the first quarter 2006. Net income for the first quarter 2007 was $1.5 million, compared to $8.3 million a year ago. For the first quarter 2007, diluted earnings per share were $0.05 versus $0.28 for the same period last year.

Kay Toolson, Chairman and Chief Executive Officer of Monaco Coach Corporation, stated, "We are pleased to report a profit for the quarter in the face of continuing challenges in the motorhome and towables markets. We are also encouraged by our internal Class A retail registrations, which showed a 4% increase for the first quarter of 2007, compared to the first quarter of 2006, and we are up 8% year-to-date through mid-April as compared to the same period last year. While we remain optimistic about improved demographics and long-term growth prospects for our company and the industry, rising fuel prices and lower consumer confidence give us reasons to be cautious in our short-term outlook."