Lazydays Clocks 48% Growth In Preliminary Q3 Revenue

  • Lazydays Holdings Inc LAZY reported preliminary third-quarter revenue of $318.7 million, representing 48% year-on-year growth, versus the consensus of $305.52 million. Total revenue increased 101% from 3Q19.
  • Recreation Vehicle unit sales rose 35% to 3,496 units. RV unit sales increased 81% from 3Q19.
  • Adjusted EBITDA was $41.7 million, a 119% Y/Y increase.
  • The company held $67 million in cash and equivalents as of September 30, 2021.
  • Price Action: LAZY shares are trading higher by 1.85% at $22.74 on the last check Thursday.
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