Previous close | 0.2000 |
Open | 0.2000 |
Bid | 0.0000 |
Ask | 0.1000 |
Strike | 15.00 |
Expiry date | 2024-05-17 |
Day's range | 0.2000 - 0.2000 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Amidst a tough quarter, MasterCraft demonstrates resilience with strategic adjustments and a strong liquidity position.
Sport boat manufacturer MasterCraft (NASDAQ:MCFT) announced better-than-expected results in Q1 CY2024, with revenue down 42.6% year on year to $95.71 million. On the other hand, the company's full-year revenue guidance of $362.5 million at the midpoint came in 10.6% below analysts' estimates. It made a non-GAAP profit of $0.37 per share, down from its profit of $1.36 per share in the same quarter last year.
VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a no