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Shares of Malibu Boats (NASDAQ:MBUU) fell 0.99% in after-market trading after the company reported Q4 results.
Earnings per share were down 62.96% year over year to $0.40, which beat the estimate of $0.12.
Revenue of $118,661,000 declined by 39.09% from the same period last year, which beat the estimate of $101,320,000.
Earnings guidance hasn't been issued by the company for now.
Malibu Boats hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Aug 27, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/por8hxtq
52-week high: $63.88
52-week low: $18.02
Price action over last quarter: Up 44.67%
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.
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