Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
RideNow Group, Inc. reported three months ended September 30, 2023 results: revenue $338.1 million, net income Net Loss from Continuing Operations of $16.5 million, EPS Loss per Share from Continuing Operations of $0.99. Guidance reaffirmed.
- Period
- three months ended September 30, 2023
- Revenue
- $338.1 million
- Net income
- Net Loss from Continuing Operations of $16.5 million
- EPS
- Loss per Share from Continuing Operations of $0.99
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), the largest powersports retailer in North America, today announced operational and financial results for the three months ended September 30, 2023. RumbleOn management is hosting an earnings call to discuss the Company’s results today, November 7, 2023, at 7:00 am CT (8:00 am ET). Third Quarter 2023 Financial and Operational Highlights • Total Unit Sales of 17,573, comprised of 10,851 New Units and 6,722 Used Units, resulting in New:Used ratio of 1.6x, a slight decrease from the prior quarter • Total Company Revenue of $338.1 million, down 11.7% sequentially, driven by normal seasonal trends. • Total Company Gross Profit of $91.9 million; Total Company Gross Profit Margin of 27.2% decreased 60 bps sequentially • Net Loss from Continuing Operations of $16.5 million with Loss per Share from Continuing Operations of $0.99
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