Lazydays Clocks 48% Growth In Preliminary Q3 Revenue

by Shivani Kumaresan, Benzinga Staff Writer

October 14, 2021 9:49 AM | 30 seconds read | Make a Comment

Lazydays Holdings Inc LAZY reported preliminary third-quarter revenue of $318.7 million, representing 48% year-on-year growth, versus the consensus of $305.52 million. Total revenue increased 101% from 3Q19.
Recreation Vehicle unit sales rose 35% to 3,496 units. RV unit sales increased 81% from 3Q19.
Adjusted EBITDA was $41.7 million, a 119% Y/Y increase.
The company held $67 million in cash and equivalents as of September 30, 2021.
Price Action: LAZY shares are trading higher by 1.85% at $22.74 on the last check Thursday.

Posted In: Earnings News Guidance Movers Trading Ideas Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.