Malibu Boats: Fiscal Second Quarter Earnings Overview

Malibu Boats Reports Second Quarter Financial Results

Malibu Boats Inc., headquartered in Loudon, Tennessee, announced a net loss of $2.5 million for its fiscal second quarter.

The company reported a per-share loss of 13 cents. After adjusting for one-time expenses and stock-based compensation, the loss narrowed to 2 cents per share.

Despite the loss, Malibu Boats generated $188.6 million in revenue during the quarter, exceeding analyst expectations. According to a survey by Zacks, four analysts had projected revenue of $186.4 million.