Malibu Boats (MBUU) Tops Q1 EPS by 26c, Revenues Beat

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Malibu Boats, Inc. Announces First Quarter Fiscal 2021 Results

November 6, 2020 7:00 AM EST

Fiscal First Quarter 2021 Highlights Compared to Fiscal First Quarter 2020:        

Net sales increased 5.2% to $181.0 millionUnit volume declined 5.3%Gross profit increased 14.3% to $45.7 millionNet income increased 32.1% to $22.0 millionAdjusted EBITDA increased 28.0% to $36.3 millionAdjusted fully distributed net income per share increased 36.1% to $1.13 on a fully distributed weighted average share count of 21.5 million shares of Class A Common Stock

LOUDON, Tenn., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2020.

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