earnings
confidence medium
sentiment negative
materiality 0.75
Holley reports preliminary Q2 net sales $179.4M, down 7.1%; adjusted EBITDA falls 31.3%
Holley Inc.
2022-Q2 EPS reported
$0.31
revenue$379,475,000
- Preliminary net sales $179.4M, down $13.6M (7.1%) vs Q2 2021.
- Preliminary gross profit $75.3M, down 7.3% year-over-year.
- Preliminary net income $40.6M, up from $23.1M in prior year.
- Preliminary adjusted EBITDA $37.2M, down $16.9M (31.3%) from 2021.
- Company provides updated full-year 2022 outlook and Q2 final results date.