secwatch.observer — SEC 8-K summary
======================================

Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001437749-23-030771
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley Q3 net sales +1.1% to $156.5M; gross margin 37.3%; Adj. EBITDA $29.7M
----------------------------------------------------------------------------

- Net sales $156.5M, up 1.1% YoY; gross margin expanded to 37.3% from 31.3%.
- Adjusted EBITDA $29.7M (19.0% margin) vs $16.4M (10.6%) a year ago.
- Adjusted net income $3.5M vs adjusted net loss of ($4.1M); GAAP net income $0.8M ($0.01 EPS) vs $31.6M.
- Free cash flow $21.7M vs ($10.6M); company is undergoing a comprehensive business transformation and revised guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923030771/0001437749-23-030771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774923030771/hlly20230830_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030771

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer