Malibu Boats, Inc. Announces First Quarter Fiscal 2019 Results
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Malibu Boats (MBUU) Reports Q1 EPS of $0.67, Revenues Beat
November 6, 2018 7:15 AM ESTMalibu Boats (NASDAQ: MBUU) reported Q1 EPS of $0.67. Revenue for the quarter came in at $123.5 million versus the consensus estimate of $113.67 million.
Net sales increased 19.3% to $123.5 million compared to the first quarter of fiscal year 2018.
Unit volume increased 15.8% to 1,516 boats compared to the first quarter of fiscal year 2018.
Net sales per unit increased 3.0% to $81,453 per unit compared to the first quarter of fiscal year 2018.
Gross profit increased 33.1% to $30.5 million compared to the first quarter of fiscal year 2018.
Net income increased 87.3% to $12.0 million, or $0.55 per... More
