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Revenue: US$49.9m (down 36% from 3Q 2023).
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Net income: US$3.40m (down 67% from 3Q 2023).
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Profit margin: 6.8% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue.
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EPS: US$0.098 (down from US$0.30 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 25%.
Looking ahead, revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 3.4%.
Performance of the American Leisure industry.
The company’s shares are down 1.8% from a week ago.
It is worth noting though that we have found 3 warning signs for Marine Products (1 is a bit concerning!) that you need to take into consideration.
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