Malibu Boats, Inc. Announces Second Quarter Fiscal 2024 Results
Operating income for the second quarter of fiscal year 2024 decreased to $14.7 million from $48.7 million in the second quarter of fiscal year 2023.
- Operating income for the second quarter of fiscal year 2024 decreased to $14.7 million from $48.7 million in the second quarter of fiscal year 2023.
- Net income for the second quarter of fiscal year 2024 decreased 72.1% to $10.1 million from $36.4 million and net income margin decreased to 4.8% from 10.7% in the second quarter of fiscal year 2023.
- Adjusted EBITDA in the second quarter of fiscal year 2024 decreased 60.2% to $22.9 million from $57.6 million, while Adjusted EBITDA margin decreased to 10.9% from 17.0% in the second quarter of fiscal year 2023.
- The Company will host a webcast and conference call to discuss second quarter of fiscal year 2024 results on Tuesday, January 30, 2024, at 8:30 a.m. Eastern Time.