Malibu Boats Corrects Q4 Adjusted EBITDA Down to $31.4M, Adds $70M Buyback
MBUU sits 18% above its 52-week low of $23.84 on elevated volume (2.3× avg).
Summary
Malibu Boats corrected its Q4 FY2026 non-GAAP results, lowering Adjusted EBITDA to $31.4M from $33.9M and adjusted EPS to $0.82 from $0.92 due to higher acquisition and integration expenses. The correction follows the original August 27 earnings release and the 8-K/A filed this morning. The company also announced a new $70M share repurchase program for fiscal 2027, authorized in June but disclosed now. Fiscal 2027 guidance of $1.08B-$1.12B net sales and $101M-$109M Adjusted EBITDA remains unchanged.
At the time of this announcement, MBUU was trading at $28.11 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $538.4M. The 52-week trading range was $23.84 to $35.06. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.