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Stock impact report

MasterCraft Boat Holdings, Inc. Reports Record Results for Fiscal 2022 First Quarter

MasterCraft Boat Holdings, Inc. (MCFT) 
Last mastercraft boat holdings, inc. earnings: 2/5 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mastercraft.com/node/5806
Company Research Source: GlobeNewswire
VONORE, Tenn., Nov. 10, 2021 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2022 first quarter ended October 3, 2021. Highlights: Delivered the most profitable first quarter in the Company’s history, with record unit sales, net sales, net income, and adjusted EBITDA.Net sales for the first quarter increased to $144.0 million, up 38.8%.Net income was $10.4 million or $0.55 per diluted share.Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.67, up 15.5%.Adjusted EBITDA, a non-GAAP measure, increased to $19.4 million, up 14.3%.Initiated purchasing under the $50 million share repurchase program. Fred Brightbill, Chief Executive Officer and Chairman, commented, “Our business performed extremely well during the first quarter in a very challenging and dynamic environment. These results reflect a continuation of exceptional execution against our strategic and operational priorities as we delivered a reco Show less Read more
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