Malibu Boats Shares Rise After Fiscal Q4 Beat
MT newswire2026/08/27 18:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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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
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