Shares of Malibu Boats MBUU decreased 0.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 36.14% year over year to $1.13, which beat the estimate of $0.87.
Revenue of $180,984,000 higher by 5.17% from the same period last year, which beat the estimate of $177,480,000.
Outlook
Malibu Boats hasn't issued any earnings guidance for the time being.
Malibu Boats hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Nov 06, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/c9ctfain
Recent Stock Performance
52-week high: $63.88
52-week low: $18.02
Price action over last quarter: Up 6.65%
Company Profile
Malibu Boats Inc designs, manufacture and sells performance sports boats. The boats are used for water sports, such as water-skiing, wakeboarding, and wake surfing. Its operating segments include Malibu, Cobalt and Pursuit. The performance boats are sold under the Malibu and Axis Wake Research brands. The company uses an independent dealer network to sell its products, primarily in the United States and other countries. It operates under the segments of US, Australia, and Cobalt. The U.S. operating segment primarily serves markets in North America, South America, Europe, and Asia while the Australia operating segment principally serves the Australian and New Zealand markets.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.