trending Market Intelligence /marketintelligence/en/news-insights/trending/A1np_j4D56AbX6fAngpBWA2 content esgSubNav
In This List

MarineMax profit misses consensus by 92.5% in fiscal Q2

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


MarineMax profit misses consensus by 92.5% in fiscal Q2

MarineMax Inc. said its normalized net income for the fiscal second quarter ended March 31 amounted to $243,750, compared with a loss of $1.2 million in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 0.1% from negative 0.9% in the year-earlier period.

Total revenue rose 26.0% year over year to $172.1 million from $136.6 million, and total operating expenses grew 24.0% on an annual basis to $170.5 million from $137.5 million.

Reported net income came to $505,320, or 2 cents per share, compared to a loss of $1.9 million, or a loss of 8 cents per share, in the year-earlier period.