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Tag Archives: malibu boats

Malibu Boats obtains patent reexamination certificate for Surf Gate

Malibu Boats, LLC, a subsidiary of Malibu Boats, Inc. (NASDAQ: MBUU), announced a favorable ruling from the U.S. Patent and Trademark Office regarding Malibu's US Patent No. 9,260,161 related to wakesurfing systems. The USPTO recently issued a Notice of Intent to Issue Ex Parte Reexamination Certificate for the patent without amendment to the original claims. MasterCraft Boat Company requested that the PTO re-examine the ...

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MasterCraft reports fiscal 2017 Q3 results

MasterCraft (NASDAQ:MCFT) announced financial results for its fiscal 2017 third quarter ended April 2, 2017. Highlights: Net sales for the third quarter increased to $58.5 million, up 2.6 percent from $57.0 million in the prior-year period, while net sales year-to-date rose to $170.3 million, up 1.2 percent from $168.2 million in the prior-year period. Gross margin declined 230 basis points to ...

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Malibu, MasterCraft settle lawsuit

Malibu Boats, LLC, and MasterCraft Boat Company, LLC, have settled the patent infringement cases brought by Malibu against MasterCraft, the companies announced late Tuesday. Under the terms of the settlement, MasterCraft will make a one-time payment to Malibu Boats and will enter into a license agreement for the payment of future royalties for boats sold by MasterCraft using the licensed technology. ...

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Malibu Boats announces Q3 fiscal 2017 results

Malibu Boats, Inc. (NASDAQ: MBUU) announced its financial results for the third quarter of fiscal 2017 ended March 31, 2017. "We continue to experience strong growth and performance at Malibu. Our unit sales, revenue, gross profit, net income and Adjusted EBITDA are all company records for our fiscal third quarter,” said Jack Springer, chief executive officer of Malibu. “Our business ...

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Malibu Boats, Inc. announces Q3 fiscal 2017 earnings release date and conference call

Malibu Boats, Inc. (NASDAQ: MBUU) announced that it will release its third quarter fiscal 2017 financial results on Wednesday, May 3 before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. Malibu’s Chief Executive Officer Jack Springer and Chief Financial Officer Wayne ...

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Sales, profits up at Malibu Boats for quarter

Malibu Boats, Inc. on Wednesday announced its financial results for the second quarter of fiscal 2017 ended December 31, 2016. Highlights for the Second Quarter of Fiscal 2017 Net sales increased 11.8% to $67.7 million compared to the second quarter of fiscal 2016. Unit volume increased 6.6% to 924 boats compared to the second quarter of fiscal 2016. Net sales ...

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Malibu Boats to release fiscal 2017 Q2 results February 1

Malibu Boats, Inc. will release its second quarter fiscal 2017 financial results on Wednesday, February 1, 2017 before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu CEO Jack Springer and CFO Wayne Wilson. Investors ...

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Malibu Boats, Inc. announces license with Tige Boats

Malibu Boats (NASDAQ: MBUU) announced Friday that it has licensed its wakesurfing patent portfolio to Tige Boats. Tige will use its license to continue equipping its product line with its existing wakesurf offerings, but will not be offering Surf Gate or the Surf Gate brand. "We are pleased that Tige has recognized the strength of our intellectual property and agreed ...

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Malibu Boats, Inc. announces Q1 fiscal 2017 earnings release date and conference call

Malibu Boats, Inc. (NASDAQ: MBUU) announced Thursday that it will release its first quarter fiscal 2017 financial results on Tuesday, Nov. 1, 2016 before the market opens. Following the release, the company's management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. Malibu’s Chief Executive Officer Jack Springer and Chief Financial ...

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2016 Boating Industry Bold Moves

We profiled our four 2016 Movers & Shakers, but there are several other industry leaders working to improve boating. The six leaders on the following pages are also making bold moves to advance boating by improving technology, rebuilding iconic brands and raising the professionalism of the entire industry. Fuel solutions  Bill Brackney Manager, Product Engineering and Development, Moeller Marine Products ...

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