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Mar 31, 2023
Lazydays Q1 2023 Earnings Report
Estimated Revenue:$298M
-20.7% YoY
Estimated EPS:$0.139
88.8% YoY
Key Takeaways
Lazydays reported a decrease in revenue to $295.7 million from $376.2 million in Q1 2022. The company experienced a net loss of $1.5 million, a significant change from the net income of $27.1 million in the same quarter last year.
Revenue decreased to $295.7 million, down from $376.2 million in the first quarter of 2022.
Net loss was $1.5 million, compared to a net income of $27.1 million in the first quarter of 2022.
Adjusted net income was $1.2 million, a decrease from $28.2 million in the same period of the previous year.
Opened a new greenfield location in Council Bluffs, Iowa, expected to generate $35 million in annual revenues.
Revenue by Segment
Forward Guidance
Company is on track to open three additional greenfield locations in the back half of 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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