Malibu Boats, Inc. Reports Earnings Results for the Full Year Ended June 30, 2021
August 26, 2021 at 07:14 am EDT
Share
Malibu Boats, Inc. announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was USD 926.515 million compared to USD 653.163 million a year ago. Operating income was USD 149.775 million compared to USD 85.310 million a year ago. Net income was USD 109.841 million compared to USD 61.562 million a year ago. Basic earnings per share from continuing operations was USD 5.29 compared to USD 2.98 a year ago. Diluted earnings per share from continuing operations was USD 5.23 compared to USD 2.95 a year ago.
Malibu Boats, Inc. is a designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport boats, sterndrive and outboard boats. The Company's brands include Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt. The Companyâs Malibu segment includes manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Company's product portfolio of premium brands is used for a broad range of recreational boating activities including, among others, water sports, general recreational boating and fishing. The Companyâs Saltwater Fishing segment is engaged in manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). The Companyâs Cobalt segment is engaged in manufacturing, distribution, marketing and sale of Cobalt boats throughout the world.