OneWater Marine: Fiscal Q1 Earnings Snapshot
News > National News
Audio By Carbonatix
6:17 AM on Thursday, January 30
The Associated Press
BUFORD, Ga. (AP) — BUFORD, Ga. (AP) — OneWater Marine Inc. (ONEW) on Thursday reported a loss of $12 million in its fiscal first quarter.
The Buford, Georgia-based company said it had a loss of 81 cents per share. Losses, adjusted for one-time gains and costs, came to 54 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 94 cents per share.
The company posted revenue of $375.8 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $335 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONEW at https://www.zacks.com/ap/ONEW
