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Mar 31, 2023
Marinemax Q2 2023 Earnings Report
Reported a decrease in revenue due to return to seasonality amid uncertain economic environment but achieved record second-quarter gross margin.
Key Takeaways
MarineMax reported a decrease in revenue by 7% to $570.3 million compared to the previous year. Net income decreased to $30.0 million, or $1.35 per diluted share. However, the company achieved a record second-quarter gross margin of 35.2%.
Revenue of $570.3 million
Record second-quarter gross margin of 35.2%
Net income of $30.0 million, or diluted EPS of $1.35; Adjusted diluted EPS of $1.23
Adjusted EBITDA of $57.4 million
Revenue by Segment
Forward Guidance
The Company is updating its fiscal year 2023 guidance for Adjusted earnings to a range of $4.90 to $5.50 per diluted share and Adjusted EBITDA to a range of $220 million to $245 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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