Malibu Boats, Inc. Announces Fourth Quarter and Fiscal 2019 Results
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Malibu Boats (MBUU) Tops Q4 EPS by 13c
August 29, 2019 7:05 AM EDTMalibu Boats (NASDAQ: MBUU) reported Q4 EPS of $1.08, $0.13 better than the analyst estimate of $0.95. Revenue for the quarter came in at $194.8 million versus the consensus estimate of $185.75 million.
"Fiscal year 2019 was another exceptional year for Malibu. We delivered record-breaking operational and financial performance supported by the strength of our brands, our commitment to operational excellence, and a best-in-class team laser-focused on superior execution. For the year, we delivered a 38% increase in net sales, with adjusted net income rising 46% to $82 million, or $3.76 per share," commented Jack Springer, Chief Executive Officer of Malibu Boats,... More
