Malibu Boats (MBUU) Tops Q2 EPS by 19c, Revenues Beat

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Malibu Boats, Inc. Announces Second Quarter Fiscal 2021 Results

February 9, 2021 7:00 AM EST

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 Stock

LOUDON, Tenn., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq:... More