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Lazydays Clocks 48% Growth In Preliminary Q3 Revenue

Benzinga Real-time News · Oct 14, 2021 09:50

Lazydays Holdings Inc (NASDAQ: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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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