IGY

MarineMax Reports Fiscal 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Thursday, October 26, 2023
Retail, Maritime, Sports, Luxury, Transport, Powerboating, Yachting, Adjustment, IGY, EPS, Acquisition, NYSE, HZO, International, Aquaculture, Video game, Reinsurance, Pharmaceutical industry

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal 2023 fourth quarter and full year ended September 30, 2023.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal 2023 fourth quarter and full year ended September 30, 2023.
  • “Fueled by consumer demand for the boating lifestyle, sustained premium-segment momentum and our strategic marketing expertise, we delivered record revenue and generated 8% same-store sales growth in the fourth quarter.
  • Adjusted EBITDA1 for the quarter ended September 30, 2023 was $42.6 million, compared with $68.4 million for the same period last year.
  • MarineMax will discuss its fiscal 2023 fourth quarter and full year financial results on a conference call starting at 10:00 a.m.

Limaca Medical Receives FDA 510(k) Clearance for its Breakthrough Precision GI™ Endoscopic Biopsy Device

Retrieved on: 
Monday, September 11, 2023
Pancreatic cancer, Rambam Health Care Campus, IGY, Precision, Acquisition, MD, Patient, EUS, Blood, Diagnosis, Neoplasm, FDA, GI, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Food, Biopsy, Medical device, Medical imaging

YOKNEAM, Israel, Sept. 11, 2023 /PRNewswire/ -- Limaca Medical ("Limaca") announced today that its Precision GI™ Endoscopic Ultrasound (EUS) Biopsy Device received 510(k) clearance from the U.S. Food and Drug Administration ("FDA").

Key Points: 
  • YOKNEAM, Israel, Sept. 11, 2023 /PRNewswire/ -- Limaca Medical ("Limaca") announced today that its Precision GI™ Endoscopic Ultrasound (EUS) Biopsy Device received 510(k) clearance from the U.S. Food and Drug Administration ("FDA").
  • This follows Limaca's receipt of FDA Breakthrough Device Designation for its Precision GI™.
  • FDA clearance allows us to bring Precision GI™ to market to fulfill our mission to always achieve precise, efficient, and definitive biopsy samples."
  • Carl Rickenbaugh, Limaca Vice Chair, added, "We are pleased with FDA's clearance of Precision GI™, following our FDA Breakthrough Device Designation.

MarineMax Reports Fiscal 2023 Third Quarter Results

Retrieved on: 
Thursday, July 27, 2023
Retail, Luxury, Sports, Powerboating, Specialty, Yachting, HZO, NYSE, IGY, EPS, International, Acquisition, Video game, Adjustment

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal third quarter ended June 30, 2023.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht, and superyacht services company, today announced results for its fiscal third quarter ended June 30, 2023.
  • “Capitalizing on our strong balance sheet, in the quarter we also added C&C Boat Works of Minnesota to the MarineMax family.
  • Adjusted EBITDA1 for the quarter ended June 30, 2023 was $83.5 million, compared with $105.5 million for the same period last year.
  • MarineMax will discuss its fiscal 2023 third quarter results and outlook on a conference call starting at 10:00 a.m.

MarineMax Reports Fiscal 2023 First Quarter Results

Retrieved on: 
Thursday, January 26, 2023
Retail, Luxury, Maritime, Transport, United Nations Water Conference, Insurance, Cruisers Yachts, Security (finance), NYSE, Acquisition, Water, Digital technology, Adjustment, HZO, International, Growth, Conference, COVID-19, IGY, Cryptocurrency, Video game, Risk management, New Wave

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht company, today announced results for its first quarter ended December 31, 2022.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht company, today announced results for its first quarter ended December 31, 2022.
  • In addition, the Company's fiscal year 2023 guidance for Adjusted EBITDA2 is a range of $275 million to $300 million.
  • MarineMax will discuss the fiscal 2023 first quarter results and outlook in a conference call starting at 10:00 a.m.
  • Such forward-looking statements include the Company's momentum as it moves into the remainder of fiscal 2023, the Company's positioning for fiscal 2023 and beyond, the Company's execution of its strategic plan, and the Company’s fiscal year 2023 guidance.

MarineMax Expands Technology Investments Through New Wave Innovations

Retrieved on: 
Wednesday, December 7, 2022
Luxury, Sports, Maritime, Transport, Specialty, Yachting, Sailing, Retail, Powerboating, Security (finance), IGY, New York Stock Exchange, EVP, HZO, Partnership, Digital, NYSE, Shipyard, Investment, Entrepreneurship, Growth, Insurance, Acquisition, Management, Risk management

Shawn Berg, EVP, Chief Digital Officer of MarineMax and New Wave Innovations President stated, Aligning our passion for boating with entrepreneurship and technology growth opportunities will advance our Companys strategic growth.

Key Points: 
  • Shawn Berg, EVP, Chief Digital Officer of MarineMax and New Wave Innovations President stated, Aligning our passion for boating with entrepreneurship and technology growth opportunities will advance our Companys strategic growth.
  • The formation of New Wave Innovations is an incredible opportunity for MarineMax to partner with entrepreneurial technology companies seeking the resources and expertise to accelerate the growth of their businesses.
  • New Wave Innovations provides us with an exclusive technology growth engine to build on that success.
  • MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands.

MarineMax Acquires Marine Development Company

Retrieved on: 
Monday, December 5, 2022
Sports, Manufacturing, Construction & Property, Luxury, Specialty, Maritime, Transport, Other Manufacturing, Retail, Yachting, Other Construction & Property, Security (finance), IGY, New York Stock Exchange, Glenn Marine Group, Anclote River, HZO, NYSE, Shipyard, Securities & Exchange Commission of Pakistan, Insurance, Acquisition, Risk management

MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced the acquisition of Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a leading full-service marine construction company based on Central Floridas Gulf Coast.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced the acquisition of Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a leading full-service marine construction company based on Central Floridas Gulf Coast.
  • Midcoast Marine Group CEO Jack Fulford, who founded the company in 2012, will continue to run the business.
  • Equipped with a fleet of barges, cranes, and vessels, Midcoast Marine Group specializes in heavy civil marine construction, including marina development, port berth facilities, commercial docks, and other related services.
  • Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers.

MarineMax Reports Record Fourth Quarter and Fiscal Year 2022 Results

Retrieved on: 
Thursday, October 27, 2022
Maritime, Luxury, Retail, Transport, Specialty, U.S. Securities and Exchange Commission, New York Stock Exchange, Intention, Growth, NYSE, HZO, Goal, Acquisition, Shipyard, Private Securities Litigation Reform Act, IGY, Insurance, Industry, COVID-19, Company, Income, Tropical Storm Ian, Security (finance), Video game, Reinsurance, Risk management, Retail

MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced record results for its fourth quarter and full year ended September 30, 2022.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced record results for its fourth quarter and full year ended September 30, 2022.
  • Revenue grew over 16% to a record $536.8 million for the quarter ended September 30, 2022, from $462.3 million for the comparable quarter last year.
  • Excluding Hurricane Ian related expenses, net income rose 28% to $42.0 million or $1.90 per diluted share for the quarter ended September 30, 2022.
  • For the fiscal year ended September 30, 2022, revenue increased 12% to $2.31 billion compared with $2.06 billion for the prior fiscal year.

MarineMax to Webcast Fourth Quarter and Full Year Fiscal 2022 Results

Retrieved on: 
Thursday, October 20, 2022
Other Transport, Other Retail, Maritime, Retail, Transport, NYSE, Insurance, Company, New York Stock Exchange, Acquisition, Webcast, Shipyard, IGY, HZO, Financial services

MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its fourth quarter and full year fiscal 2022 results on Thursday, October 27, 2022, at 10:00 a.m. Eastern Time.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its fourth quarter and full year fiscal 2022 results on Thursday, October 27, 2022, at 10:00 a.m. Eastern Time.
  • The online replay will be available for a limited time beginning within one hour of the conclusion of the call.
  • The Company will release its fourth quarter and full year fiscal 2022 financial results prior to the market open on Thursday, October 27, 2022.
  • MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands.

MarineMax’s Board Appoints Two Key Leaders as Executive Officers

Retrieved on: 
Tuesday, October 11, 2022
Powerboating, Sports, Maritime, Transport, Yachting, U.S. Securities and Exchange Commission, Insurance, Technology, General manager, Florida International University, Shipyard, NYSE, New York Stock Exchange, MBA, Business, Region, Security (finance), Multimedia, Operation, FIU, Private Securities Litigation Reform Act, Goal, Leadership, Company, United States Naval Academy, Marketing, Acquisition, Industry, Board, Intention, Polk State College, IGY, HZO, George Washington University, Bachelor of Business, Sales, Digital, Center, Management

MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced the appointment of two key leaders as executive officers of MarineMax.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer, today announced the appointment of two key leaders as executive officers of MarineMax.
  • The Companys Board of Directors appointed Shawn Berg and Kyle Langbehn as executive officers, effective October 1, 2022, as the Company continues to execute its strategic growth plan.
  • In addition, Mr. Berg has extensive experience in finance, insurance, distribution, servicing, and supply chain operations.
  • Mr. Langbehn has served as President of Retail Operations of MarineMax since July 2020, responsible for MarineMaxs retail operations.

MarineMax Significantly Expands Global Marina Business with the Closing of IGY Marinas

Retrieved on: 
Tuesday, October 4, 2022
Powerboating, Sports, Maritime, Transport, Yachting, Trident, New York Stock Exchange, HZO, Collection, Industry, Private Securities Litigation Reform Act, CEO, IGY, COVID-19, Goal, Growth, Insurance, U.S. Securities and Exchange Commission, NYSE, Security (finance), Acquisition, Shipyard, Investor relations, Intention, Company, Financial services, Risk management

MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer today announced that it has significantly expanded its global marina business with the completion of the previously announced acquisition of Island Global Yachting LLC (IGY Marinas), effective October 1, 2022.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the worlds largest recreational boat and yacht retailer today announced that it has significantly expanded its global marina business with the completion of the previously announced acquisition of Island Global Yachting LLC (IGY Marinas), effective October 1, 2022.
  • IGY Marinas owns and operates a collection of iconic marina assets in key global yachting destinations.
  • IGY Marinas strategically expands MarineMaxs portfolio of marinas and creates cross-sell opportunities with its Fraser Yachts and Northrop & Johnson superyacht services businesses.
  • We extend a warm welcome to Tom Mukamal, CEO of IGY Marinas, and the IGY Marinas management team, who will continue to lead the growth and operations of the IGY business.