Malibu Boats (NASDAQ: MBUU) reported Q3 EPS of $0.63, $0.16 better than the analyst estimate of $0.47. Revenue for the quarter came in at $203.42 million versus the consensus estimate of $206.51 million.

Fiscal 2024 Guidance

For the full fiscal year 2024, Malibu anticipates net sales decline ranging from forty to forty-one percent, year-over-year, and Adjusted EBITDA margin ranging from 10.1% to 10.5%.

The Company has not provided reconciliations of guidance for Adjusted EBITDA margin, in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable, without unreasonable efforts, to forecast certain items required to develop meaningful comparable GAAP financial measures. These items include costs related to the Company’s vertical integration initiatives that are difficult to predict in advance in order to include in a GAAP estimate.

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