Latham Group: Fourth Quarter Financial Overview

Latham Group Reports Fourth Quarter Financial Results

Latham Group Inc., headquartered in Latham, New York, announced a net loss of $7 million for the fourth quarter.

The company reported a quarterly loss of 6 cents per share, which narrows to a 3-cent loss per share when excluding stock option expenses.

During the same period, the swimming pool manufacturer generated $100 million in revenue.

Looking at the full year, Latham Group achieved a profit of $11.1 million, or 9 cents per share, with total annual revenue reaching $545.9 million.

For the upcoming year, the company projects its revenue will fall between $580 million and $610 million.