Malibu Boats, Inc. (NASDAQ:MBUU) Q3 2024 Earnings Conference Call May 2, 2024 8:30 AM ET

Company Participants

Jack Springer - Chief Executive Officer
Michael Hooks - Executive Chairman
Bruce Beckman - Chief Financial Officer
Ritchie Anderson - Chief Operating Officer

Conference Call Participants

Eric Wold - B. Riley Securities
Martin Mitela - Raymond James
Craig Kennison - Baird
Fred Wightman - Wolfe Research

Operator

Good morning, and welcome to the Malibu Boats Conference Call to discuss Third Quarter Fiscal Year 2024 Results. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] And as a reminder, today’s call is being recorded.

On the call today from management are Mr. Jack Springer, Chief Executive Officer; Mr. Michael Hooks, Chief Chair, our Executive Chair; Mr. Bruce Beckman, Chief Financial Officer; and Mr. Ritchie Anderson, Chief Operating Officer.

I will now turn the call over to Mr. Beckman to get started. Please go ahead, sir.

Bruce Beckman

Thank you, and good morning, everyone. A press release covering the company’s fiscal third quarter 2024 results was issued today, and a copy of that press release can be found in the Investor Relations section of the company’s website.

I also want to remind everyone that management’s remarks on this call may contain certain forward-looking statements, including predictions, expectations, estimates and other information that might be considered forward-looking and that actual results could differ materially from those projected on today’s call. You should not place undue reliance on these forward-looking statements, which speak only as of today, and the company undertakes no obligation to update them for any new information or future events. Factors that might affect future results are discussed in our filings with the SEC, and we encourage you to review our SEC filings for a more detailed description of these risk factors.

Please also note that we will be referring to certain non-GAAP financial measures on today’s call such as adjusted EBITDA, adjusted EBITDA margin, adjusted fully distributed net income and adjusted fully distributed net income per share. Reconciliations of these non-GAAP financial measures to GAAP financial measures are included in our earnings release.

I will now turn the call over to Michael Hooks, Executive Chairman of Malibu Boats. Michael?

Michael Hooks

Thanks, Bruce. As you have seen from today's earnings release, we have several topics to discuss, including our results for the third quarter of fiscal year 2024. As Jack and I will discuss in more detail, and as usual, Bruce will guide you through the financials. But first, I'd like to hand the mic over to Jack, who will be participating in his final earnings call with us today. Jack?