FILING ANALYSIS · TUESDAY, NOVEMBER 10
RideNow Group, Inc. RDNW — 8-K: Results of Operations and Financial Condition
neutral
RideNow Group's Q3 revenue decreased 13.1% year-over-year, with a net loss of $13.9 million, and the company's adjusted EBITDA decreased to $5.3 million from $12.3 million in the prior year, however the CEO expects Q4 Adjusted EBITDA to outpace Q3, bucking the typical seasonal trend, and anticipates substantial operating leverage when the powersports cycle rebounds.
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