Malibu Boats, Inc. Announces Fourth Quarter and Fiscal 2020 Results
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Malibu Boats (MBUU) Tops Q4 EPS by 28c, Revenues Beat
August 27, 2020 4:09 PM EDTMalibu Boats (NASDAQ: MBUU) reported Q4 EPS of $0.40, $0.28 better than the analyst estimate of $0.12. Revenue for the quarter came in at $118.7 million versus the consensus estimate of $100.41 million.
Our superior execution, combined with the strength of our brands, supported better-than-expected results in an incredibly volatile environment during our fiscal fourth quarter. After temporarily suspending production prior to the start of the quarter and extending the shutdowns into the fourth quarter, we moved quickly to reopen our plants to meet the demand for our boats at the beginning of the summer season. Due to... More
