HLLY - Holley GAAP EPS of $0.35 beats by $0.10 revenue of $179.4M in-line; narrows FY22 guidance
- Holley press release ( NYSE: HLLY ): Q2 GAAP EPS of $0.35 beats by $0.10 .
- Revenue of $179.4M (-7.0% Y/Y) in-line.
- Adjusted net income of $13.2M, compared to $23.1M reported in the prior year’s second quarter.
- Adjusted EBITDA of $37.2M compared to $54.1M in the prior year’s second quarter.
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Holley's current outlook for 2022 : Net Sales in the range of $700-$725 million vs. consensus of $710.27M; adjusted EBITDA of $135-$145 million; capital expenditures in the range of $14-$16 million; depreciation and amortization expense of $24-$26 million and interest expense in the range of $33-$35 million.
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Holley GAAP EPS of $0.35 beats by $0.10, revenue of $179.4M in-line; narrows FY22 guidance