Lazydays Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 28, 2023 at 06:30 am
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Lazydays Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 308.38 million compared to USD 373.55 million a year ago. Net income was USD 3.56 million compared to USD 31.84 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 1.76 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.81 a year ago.
For the six months, revenue was USD 604.04 million compared to USD 749.71 million a year ago. Net income was USD 3.28 million compared to USD 60.13 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 3.14 a year ago.
Lazydays Holdings, Inc. is a holding company. The Company operates recreational vehicle (RV) dealerships and offers a portfolio of products and services for RV owners and outdoor enthusiasts. The Company provides a spectrum of RV products: new and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities. It provides these offerings through its Lazydays branded dealerships. It operates approximately 24 Lazydays dealership and service locations across 15 states. Its RV brands include Forest River, Thor, and East to West, among others. It also has dealerships located at the Villages, Florida; Tucson and Phoenix, Arizona; Minneapolis, Minnesota; Knoxville, Nashville and Maryville, Tennessee; Loveland and Denver, Colorado; Elkhart and Burns Harbor, Indiana; Portland, Oregon; Vancouver, Washington, and Milwaukee, Wisconsin. It also has a service center location near Houston, Texas.