Brp reports fiscal year 2022 third quarter results

Revenues of $1,588.0 million for the quarter, down 5.2% reflecting the previously anticipated decrease of product deliveries mainly caused by supply chain disruptions and $5,300.4 million for the nine-month period ended october 31, 2021, up 28.1% compared to the same periods last year net income of $127.7 million, or diluted earnings per share of $1.53 normalized diluted eps [1] of $1.48, down 30.5% for the quarter and $6.93, up 95% for the nine-month period ended october 31, 2021 compared to the same periods last year normalized ebitda [1] of $251.7 million, down 27.8% for the quarter and $1,045.7 million, up 52% for the nine-month period ended october 31, 2021, compared to the same periods last year market share gains in orv and pwc in north american powersports with retail sales down 20% compared to a record quarter last year due to limited product availability in the network increase of the low end of the full year guidance by $0.75 with a revised annual guidance for normalized eps – diluted [1] now ranging from $9.00 to $9.75, representing a growth of 67% to 81% compared to fy21, and up from previous guidance of $8.25 to $9.75 renewal of the normal course issuer bid program which allows for the repurchase of up to 3.8 million of subordinate voting shares over the next twelve months, subject to approval by the tsx valcourt, qc, dec. 1, 2021 /prnewswire/ - brp inc. (tsx: doo) (nasdaq: dooo) today reported its financial results for the three- and nine-month periods ended october 31, 2021. all financial information is in canadian dollars unless otherwise noted.
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