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HLLY - Holley sees Q1 net sales above consensus estimate
Holley Inc.
Holley (NYSE:HLLY) has reported prelim Q1 net sales of $199M-$200M vs. consensus estimate of $180.61M. Prelim net income is estimated to be $16M-$17M, while adj. EBITDA is seen at $45M-$46M. Holley expects to release Q1 financial results on May 12, 2022. In other news, Holley announced a secondary offering of 6.5M shares HLLY shares slid ~10% in extended trading