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Thursday, August 29, 2024

===Malibu Boats (MBUU) reported earnings on Thur 29 Aug 24 (b/o)

 

Malibu Boats misses by $0.07, reports revs in-line; guides FY25 revs below consensus 
  • Reports Q4 (Jun) loss of $0.39 per share, excluding non-recurring items, $0.07 worse than the FactSet Consensus of ($0.32); revenues fell 57.4% year/year to $158.7 mln vs the $157.54 mln FactSet Consensus.
  • Co issues downside guidance for FY25, sees FY25 revs of low single digits growth vs. vs +9.5% yr/yr or $908.85 mln FactSet Consensus.
    • Adjusted EBITDA margin ranging from 10%-12%.

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