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CLEARWATER — MarineMax Inc. (symbol: HZO) lost $4.5 million in the second quarter of 2011, despite $115.8 million in revenues, up 5% over the year.
Over the last six months the company has lost $9.2 million, as MarineMax continues to struggle with what CEO William McGill calls a “challenging industry environment.”
In its 2010 fiscal year, which ended Sept. 30, MarineMax posted a $13 million operating loss. Over its past three fiscal years, the company has posted a combined operating loss of $218 million.
The value of MarineMax's common stock fell dramatically in 2008, hitting $1.45 per share late in the year. Today, the company's stock trades for $9.45 a share.
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