Massimo Group Reports Q3 Revenue of $16.99 Million and Net Income of $1.53 Million
Reuters
Nov 10
Massimo Group Reports Q3 Revenue of $16.99 Million and Net Income of $1.53 Million
Massimo Group reported third quarter 2025 revenue of $17.0 million, down from $25.6 million in the same period last year. Gross profit rose to $7.1 million from $7.0 million, with gross margin improving to 42% from 27% year-over-year. Net income was $1.5 million, compared to a net loss of $2.5 million in Q3 2024. Earnings per share reached $0.04, up from a loss of $0.06 per share last year. For the first nine months of 2025, revenue was $50.9 million versus $91.2 million in 2024, with a net loss of $0.5 million compared to net income of $3.5 million in the previous year. The company highlighted refined pricing strategies, supply chain efficiency, cost optimization initiatives, and ongoing investments in product innovation and dealer expansion as key business developments for the period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Massimo Group published the original content used to generate this news brief via PR Newswire (Ref. ID: CN19293) on November 10, 2025, and is solely responsible for the information contained therein.
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.