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Dec 31, 2022
Marinemax Q1 2023 Earnings Report
Reported record revenue and gross margin, with net income and adjusted EBITDA.
Key Takeaways
MarineMax reported a record December quarter with revenue increasing by 7% to $507.9 million. The growth was driven by strategic acquisitions, including IGY Marinas. Net income was $19.7 million, or $0.89 per share, while adjusted net income was $27.3 million, or $1.24 per share.
Revenue increased 7% to a record $507.9 million.
Record December quarter gross margin of 36.8%.
Net income was $19.7 million, or $0.89 per share.
Adjusted net income was $27.3 million, or $1.24 per share.
Revenue by Segment
Forward Guidance
The company is updating its fiscal year 2023 guidance for Adjusted earnings per diluted share to a range of $6.90 to $7.40 and Adjusted EBITDA to a range of $275 million to $300 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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