Shares of Malibu Boats (NASDAQ:MBUU) remained unaffected at $34.12 after the company reported Q3 results.
Earnings per share decreased 1.74% over the past year to $1.13, which beat the estimate of $0.98.
Revenue of $182,310,000 less by 8.81% from the same period last year, which missed the estimate of $185,030,000.
Earnings guidance hasn't been issued by the company for now.
Malibu Boats hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: May 07, 2020
Webcast URL: https://edge.media-server.com/mmc/p/cf6pu265
52-week high: $52.13
52-week low: $18.02
Price action over last quarter: down 28.26%
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. 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.