ONEW - OneWater Marine GAAP EPS of $1.95 misses by $1.42 revenue of $594M misses by $36.35M
2023-08-03 07:24:16 ET
- OneWater Marine press release ( NASDAQ: ONEW ): Q3 GAAP EPS of $1.95 misses by $1.42 .
- Revenue of $594M (+4.4% Y/Y) misses by $36.35M .
- Shares -17% PM.
- Service, parts & other revenue grew 23% to $92 million
- Dealership same-store sales were flat versus prior year period
- Gross profit margin of 27%, supported by higher margin businesses
- Net income was $33 million in the quarter or $1.95 per diluted share
- Adjusted EBITDA¹ of $60 million
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OneWater Marine GAAP EPS of $1.95 misses by $1.42, revenue of $594M misses by $36.35M