Marine Products Q3 revenue up 7%

Reuters

Oct 30, 2025

Marine Products Q3 revenue up 7%

Overview

Marine Products Q3 revenue rose 7% yr/yr to $53.1 mln
Net income for Q3 fell 22% to $2.7 mln due to higher R&D costs
Company launched new 2026 model year Chaparral and Robalo products

Outlook

Company expects 2025 capital expenditures to be $1.0 to $1.5 mln
Company sees potential for lower interest rates aiding finance buyers
Marine Products optimistic about stabilizing demand in marine industry

Result Drivers

PRICE/MIX INCREASE - Net sales rose 7% due to a price/mix increase, despite a slight decrease in the number of boats sold
GROSS MARGIN IMPROVEMENT - Gross margin improved by 80 basis points due to targeted incentives and stabilized production schedules
R&D INVESTMENTS - Net income fell 22% due to higher R&D investments and cost true-ups

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$53.14 mln
Q3 EPS		$0.07
Q3 Net Income		$2.65 mln

Analyst Coverage

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nPnbyqXXXa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2579112611"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2579112611\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2579112611?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-30 18:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2579112611","market":"nz","top_or_hot":-1,"title":"Marine Products Q3 revenue up 7%","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Marine Products Q3 revenue up 7%</title></head><body><p><span>Overview</span></p><ul><li><p>Marine Products Q3 revenue rose 7% yr/yr to $53.1 mln</p></li><li><p>Net income for Q3 fell 22% to $2.7 mln due to higher R&amp;D costs</p></li><li><p>Company launched new 2026 model year Chaparral and Robalo products</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company expects 2025 capital expenditures to be $1.0 to $1.5 mln</p></li><li><p>Company sees potential for lower interest rates aiding finance buyers</p></li><li><p>Marine Products optimistic about stabilizing demand in marine industry</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>PRICE/MIX INCREASE - Net sales rose 7% due to a price/mix increase, despite a slight decrease in the number of boats sold</p></li><li><p>GROSS MARGIN IMPROVEMENT - Gross margin improved by 80 basis points due to targeted incentives and stabilized production schedules</p></li><li><p>R&amp;D INVESTMENTS - Net income fell 22% due to higher R&amp;D investments and cost true-ups</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td></td><td><p>$53.14 mln</p></td><td></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$0.07</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$2.65 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago</p></li></ul><p>Press Release: <span>ID:nPnbyqXXXa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marine Products Q3 revenue up 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarine Products Q3 revenue up 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-30 18:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Marine Products Q3 revenue up 7%</title></head><body><p><span>Overview</span></p><ul><li><p>Marine Products Q3 revenue rose 7% yr/yr to $53.1 mln</p></li><li><p>Net income for Q3 fell 22% to $2.7 mln due to higher R&amp;D costs</p></li><li><p>Company launched new 2026 model year Chaparral and Robalo products</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company expects 2025 capital expenditures to be $1.0 to $1.5 mln</p></li><li><p>Company sees potential for lower interest rates aiding finance buyers</p></li><li><p>Marine Products optimistic about stabilizing demand in marine industry</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>PRICE/MIX INCREASE - Net sales rose 7% due to a price/mix increase, despite a slight decrease in the number of boats sold</p></li><li><p>GROSS MARGIN IMPROVEMENT - Gross margin improved by 80 basis points due to targeted incentives and stabilized production schedules</p></li><li><p>R&amp;D INVESTMENTS - Net income fell 22% due to higher R&amp;D investments and cost true-ups</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Revenue</p></td><td></td><td><p>$53.14 mln</p></td><td></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$0.07</p></td><td></td></tr><tr><td><p>Q3 Net Income</p></td><td></td><td><p>$2.65 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago</p></li></ul><p>Press Release: <span>ID:nPnbyqXXXa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4190","symbol_name":"消闲用品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251030:nL1N3WB0MN:1","article_id":"2579112611","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579112611","pubTimestamp":1761821553,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marine Products Q3 revenue up 7%OverviewMarine Products Q3 revenue rose 7% yr/yr to $53.1 mlnNet income for Q3 fell 22% to $2.7 mln due to higher R&D costsCompany launched new 2026 model year Chaparra","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4190":"消闲用品","MPX":"海洋产品"},"translate_title":"海产品第三季度收入增长7%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MPX":0.9},"content_text":"Marine Products Q3 revenue up 7%OverviewMarine Products Q3 revenue rose 7% yr/yr to $53.1 mlnNet income for Q3 fell 22% to $2.7 mln due to higher R&D costsCompany launched new 2026 model year Chaparral and Robalo productsOutlookCompany expects 2025 capital expenditures to be $1.0 to $1.5 mlnCompany sees potential for lower interest rates aiding finance buyersMarine Products optimistic about stabilizing demand in marine industryResult DriversPRICE/MIX INCREASE - Net sales rose 7% due to a price/mix increase, despite a slight decrease in the number of boats soldGROSS MARGIN IMPROVEMENT - Gross margin improved by 80 basis points due to targeted incentives and stabilized production schedulesR&D INVESTMENTS - Net income fell 22% due to higher R&D investments and cost true-upsKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Revenue$53.14 mlnQ3 EPS$0.07Q3 Net Income$2.65 mlnAnalyst CoverageThe stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months agoPress Release: ID:nPnbyqXXXaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}