Edition:
United States

Malibu Boats Inc (MBUU.OQ)

MBUU.OQ on NASDAQ Stock Exchange Global Market

25.28USD
18 Aug 2017
Change (% chg)

$-0.64 (-2.47%)
Prev Close
$25.92
Open
$25.74
Day's High
$26.20
Day's Low
$25.23
Volume
181,901
Avg. Vol
55,997
52-wk High
$29.50
52-wk Low
$12.55

Latest Key Developments (Source: Significant Developments)

Malibu Boats public offering of 2 mln shares priced at $25.25 per share
Wednesday, 9 Aug 2017 09:16am EDT 

Aug 9 (Reuters) - Malibu Boats Inc :Malibu boats, inc. Announces pricing of follow-on public offering of 2,000,000 shares.Says public offering of 2.00 million shares priced at $25.25per share.  Full Article

Malibu Boats sees gross profit between $19.6 mln and $20.0 mln for three months ended June 30
Tuesday, 8 Aug 2017 04:48pm EDT 

Aug 9 (Reuters) - Malibu Boats Inc -:Malibu Boats Inc - believes its unit volume will be approximately 1,004 units for three months ended June 30, 2017.Malibu Boats Inc sees net sales will be between approximately $74.7 million and $75.1 million for three months ended June 30, 2017.Malibu Boats Inc sees gross profit will be between approximately $19.6 million and $20.0 million for three months ended June 30, 2017.  Full Article

Malibu Boats announces follow-on public offering of 2 mln shares
Tuesday, 8 Aug 2017 04:08pm EDT 

Aug 9 (Reuters) - Malibu Boats Inc -:Malibu Boats Inc announces follow-on public offering of 2,000,000 shares.Malibu Boats says ‍to use all of net proceeds from offering, up to $50.0 million, to repay amounts outstanding on term loans of Malibu Boats Llc​.  Full Article

Malibu Boats says on June 28 company entered into second amended and restated credit agreement to existing amended and restated credit agreement - SEC Filing
Thursday, 29 Jun 2017 08:20am EDT 

June 29 (Reuters) - Malibu Boats Inc :Malibu Boats - On June 28 Malibu Boats entered into second amended and restated credit agreement to existing amended and restated credit agreement - SEC Filing.Malibu Boats Inc - Credit agreement provides Malibu Boats a term loan facility in an aggregate principal amount of $160.0 million.Malibu Boats - Amended credit agreement also provides borrower revolving credit facility of up to $35.0 million with a maturity date of July 1, 2022.Malibu Boats Inc - Borrower has option to request lenders to increase amount available under revolving credit facility by up to $50.0 million.  Full Article

Malibu Boats to acquire Cobalt Boats for ‍$130 mln​
Wednesday, 28 Jun 2017 04:45pm EDT 

June 28 (Reuters) - Malibu Boats Inc ::Malibu boats, inc. Announces agreement to acquire cobalt boats, llc.Malibu boats inc - deal for ‍$130 million​.Deal expected to be accretive to Malibu's earnings per share in fiscal year 2018.Malibu boats inc - ‍combined business will achieve a run rate of approximately $7.5 million in cost and operational synergies​.Malibu boats inc - ‍in connection with deal, Malibu expects to benefit from tax attributes valued on a present value basis at approximately $18 million​.Malibu will fund transaction through borrowings under a new second amended and restated credit facility.Malibu boats inc - in connection with transaction, Malibu expects to benefit from tax attributes valued on present value basis at about $18 million.Malibu boats - paxson st. Clair will continue to lead cobalt business as its president, and he will become a director on Malibu's board of directors.  Full Article

Malibu Boats reports favorable ruling from regulator regarding co's wake surfing systems​ patent
Wednesday, 7 Jun 2017 05:35pm EDT 

June 7 (Reuters) - Malibu Boats Inc ::Malibu Boats - unit announced a favorable ruling from U.S. Patent and Trademark Office regarding Malibu's patent related to wake surfing systems​.  Full Article

Malibu Boats Q3 earnings per share $0.45
Wednesday, 3 May 2017 07:00am EDT 

May 3 (Reuters) - Malibu Boats Inc :Malibu boats, inc. Announces third quarter fiscal 2017 results.Q3 earnings per share $0.45.Q3 sales $77.1 million versus i/b/e/s view $75.5 million.Q3 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.49.  Full Article

BRIEF-Malibu Boats public offering of 2 mln shares priced at $25.25 per share

* Malibu boats, inc. Announces pricing of follow-on public offering of 2,000,000 shares