OneWater Marine Reports Q1 Loss Narrower than Expected

BUFORD, Ga. - OneWater Marine Inc. (ONEW) reported a narrower-than-expected loss in its fiscal first quarter.

The Buford, Georgia-based company reported a loss of $12 million, or 81 cents per share. Excluding one-time items, the loss was 54 cents per share, beating analysts' estimates of a 94-cent loss.

Revenue for the quarter came in at $375.8 million, also exceeding expectations of $335 million.

The earnings report was generated by Automated Insights using data from Zacks Investment Research.

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