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Stock impact report

Malibu Boats, Inc. Announces Third Quarter Fiscal 2023 Results

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
LONDON, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2023. Third Quarter Fiscal 2023 Highlights Compared to Third Quarter Fiscal 2022: Net sales increased 9.0% to $375.1 millionUnit volume increased 2.9% to 2,637 unitsGross profit increased 1.5% to $98.6 millionNet income decreased 2.5% to $53.5 millionAdjusted EBITDA decreased 0.6% to $79.3 millionNet income available to Class A Common Stock per share (diluted) remained flat at $2.51 per shareAdjusted fully distributed net income per share decreased 0.8% to $2.59 per share on a fully distributed weighted-average share count of 21.3 million shares of Class A Common Stock “We delivered another solid quarter with sales growing 9.0% for another record quarter and net income and adjusted EBITDA coming in as expected. Our operational execution has been, and will continue to be, the hallmark of our success. The Malibu team demonstr Show less Read more
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