Lazydays reported financial results for the third quarter ended Sept. 30, with revenue decreasing to $280.7 million from the $333.8 million in last year’s Q3.
Third quarter 2023 net loss was $5.6 million compared to net income of $7.7 million for the same period in 2022.
Third quarter 2023 adjusted net loss, a non-GAAP measure, was $(2.9) million compared to net income of $14.4 million for the same period in 2022.
Year-to-date (YTD) net loss was $2.3 million compared to net income of $67.8 million for the same period in 2022. YTD 2023 adjusted net income was $2.2 million compared to net income of $66.1 million for the same period in 2022. YTD 2023 net loss per diluted share was $0.49 compared to net income per diluted share of $2.39 for the same period in 2022, and adjusted net loss per diluted share was $0.07 compared to adjusted net income per diluted share of $2.74 for the same period in 2022.
Read the full report from Yahoo Finance here.