Malibu Boats, Inc. Announces Third Quarter Fiscal 2019 Results
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Malibu Boats (MBUU) Tops Q3 EPS by 11c, Revenues Beat
May 9, 2019 7:15 AM EDTMalibu Boats (NASDAQ: MBUU) reported Q3 EPS of $1.15, $0.11 better than the analyst estimate of $1.04. Revenue for the quarter came in at $199.9 million versus the consensus estimate of $188.26 million.
Net sales increased 42.4% to $199.9 million compared to the third quarter of fiscal year 2018.Unit volume increased 17.2% to 2,094 boats compared to the third quarter of fiscal year 2018.Net sales per unit increased 21.4% to $95,472 per unit compared to the third quarter of fiscal year 2018.Gross profit increased 36.7% to $49.7 million compared to the third quarter of fiscal year 2018.Net income increased... More