RideNow Group, Inc. Reports Third Quarter 2025 Financial Results [Yahoo! Finance]
RideNow Group, Inc. - Class B (RDNW)
Company Research
Source: Yahoo! Finance
CHANDLER, Ariz. Nov. 4, 2025 /PRNewswire/ -- RideNow Group, Inc. (NASDAQ: RDNW), ("we", "our", the "Company", or "RideNow"), today announced financial results for the third quarter ended September 30, 2025. RideNow Group (PRNewsfoto/RideNow Group Inc.) Key Third Quarter 2025 Highlights (Compared to Third Quarter 2024) Powersports Revenue up slightly on higher unit sales Powersports Gross profit up 6.9%, more than offsetting the decline in the transportation services segment Reduced Selling, general & administrative expense (SG&A) by 2.3% Net loss improved 63.4% to a loss of $4.1 million compared to $11.2 million in last year's third quarter Adjusted EBITDA increased 80.9% to $12.3 million, compared with $6.8 million during the third quarter of the prior year Commenting on the quarter, Chairman, Chief Executive Officer and President Michael Quartieri said, "I am pleased to report the momentum we experienced in the second quarter accelerated into the third quarter with
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News
- RideNow Group (NASDAQ:RDNW) was given a new $4.00 price target on by analysts at DA Davidson.MarketBeat
- RideNow Group, Inc. Reports Third Quarter 2025 Financial ResultsPR Newswire
- RideNow Group, Inc. to Report Third Quarter 2025 Earnings on November 4PR Newswire
- RideNow Chandler Named Sea-Doo U.S. National Dealer of the YearPR Newswire
- With 34% ownership, RideNow Group, Inc. (NASDAQ:RDNW) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance