Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Malibu Boats Shares Rise After Fiscal Q4 Beat

Malibu Boats Shares Rise After Fiscal Q4 Beat

MT newswireMT newswire2026/08/27 18:53
02:53 PM EDT, 08/27/2026 (MT Newswires) -- Malibu Boats (MBUU) shares were up 8.8% in afternoon trading on Thursday after fiscal Q4 results topped analysts' expectations. The company reported fiscal Q4 adjusted net income of $0.92 per share, up from $0.42 a year earlier. Analysts polled by FactSet expected $0.78. Net sales for the quarter ended June 30 were $295.5 million, up from $207 million a year earlier. Analysts expected revenue of $263.9 million. For fiscal 2027, Malibu said it expects net sales in the range of $1.08 billion to $1.12 billion. Three analysts expect revenue of $1.1 billion. The company also said its board authorized a $70 million share repurchase program for fiscal 2027. Price: 28.98, Change: +2.34, Percent Change: +8.77
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!