Malibu Boats, Inc. Announces Second Quarter Fiscal 2021 Results
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Malibu Boats (MBUU) Tops Q2 EPS by 19c, Revenues Beat
February 9, 2021 7:12 AM ESTMalibu Boats (NASDAQ: MBUU) reported Q2 EPS of $1.22, $0.19 better than the analyst estimate of $1.03. Revenue for the quarter came in at $195.65 million versus the consensus estimate of $189.8 million.
Fiscal Second Quarter 2021 Highlights Compared to Fiscal Second Quarter 2020:
Net sales increased 8.6% to $195.6 millionUnit volume declined 3.4%Gross profit increased 24.1% to $49.5 millionNet income increased 25.8% to $22.1 millionAdjusted EBITDA increased 27.5% to $39.1 millionAdjusted fully distributed net income per share increased 31.2% to $1.22 on a fully distributed weighted average share count of 21.6 million shares of Class A Common StockWe further extended our... More
