Latham Stock Surges 12.6% After Q4 Revenue Rises 14.5% to $99.95M
Latham reported Q4 revenue of $99.95 million, up 14.5% year-over-year, and posted a GAAP loss of $0.06 per share, beating analysts’ expectations. Full-year guidance of $595 million in revenue and $112.5 million in EBITDA topped consensus estimates, driving a 12.6% share price jump.
1. Q4 Results Exceed Estimates
Latham delivered Q4 revenue of $99.95 million, up 14.5% year-over-year, and recorded a GAAP loss of $0.06 per share, outperforming analyst forecasts on both top and bottom lines.
2. Full-Year Guidance Raised
The company issued full-year revenue guidance of $595 million and EBITDA guidance of $112.5 million, both figures above consensus estimates and reflecting management’s confidence in market share gains and operational efficiencies.
3. Share Reaction and Volatility
Following the results and raised outlook, shares jumped 12.6% in the afternoon session, highlighting the stock’s pronounced volatility with 31 moves over 5% in the past year and a current price still 12.4% below its 52-week high.