Malibu Boats (NASDAQ: MBUU) reported Q3 EPS of $0.76, $0.06 better than the analyst estimate of $0.70. Revenue for the quarter came in at $140.4 million versus the consensus estimate of $125.85 million.

Highlights for the Third Quarter of Fiscal 2018

• Net sales increased 82.0% to $140.4 million compared to the third quarter of fiscal 2017.
• Unit volume increased 69.4% to 1,786 boats compared to the third quarter of fiscal 2017.
• Net sales per unit increased 7.4% to $78,628 and net sales per unit for Malibu U.S. increased 6.2% to $77,260 compared to the third quarter of fiscal 2017.
• Gross profit increased 70.2% to $36.4 million compared to the third quarter of fiscal 2017.
• Net income increased 89.9% to $16.8 million, or $0.76 per share compared to the third quarter of fiscal 2017.
• Adjusted EBITDA increased 70.1% to $28.5 million compared to the third quarter of fiscal 2017.
• Adjusted fully distributed net income increased 105.1% to $19.4 million compared to the third quarter of fiscal 2017.
• Adjusted fully distributed net income per share increased 81.6% to $0.89 on a fully distributed weighted average share count of 21.8 million shares of Class A Common Stock as compared to the third quarter of fiscal 2017.

For earnings history and earnings-related data on Malibu Boats (MBUU) click here.