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Pool equipment manufacturer Hayward adds new distro center in North Carolina

Pool equipment manufacturer Hayward adds new distro center in North Carolina
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Hayward Holdings Updates on Fire at Facility in Yuncos, Spain

Hayward Holdings Updates on Fire at Facility in Yuncos, Spain
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Why Hayward Holdings Shares Popped 24.3% Wednesday


Author Bio
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
What happened 
Shares of pool equipment maker 
Hayward Holdings (NYSE:HAYW) jumped as much as 30.4% in trading Wednesday after reporting first-quarter 2021 financial results. Shares closed the day up 24.3%. 
So what
Quarterly revenue jumped a whopping 96% to $334.4 million, and a net loss of $10.4 million a year ago swung to a net profit of $36.9 million, or $0.64 per share. 
Image source: Getty Images.
Management also said that full-year fiscal 2021 revenue is expected to grow 40% to 45% versus a year ago and adjusted EBITDA earnings before interest, taxes, depreciation, and amortization is expected to increase 55% to 68% to between $360 million and $390 million. Given the company s market cap of $5.6 billion, shares are only trading at about ....

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Hayward Holdings, Inc. (HAYW) Q1 2021 Earnings Call Transcript


Operator
Welcome to Hayward earnings Holdings first-quarter 2021 earnings call. My name is Alicia and I ll be your operator for today s call. [Operator instructions] Later, we will conduct a question-and-answer session. [Operator instructions] Please note that this conference is being recorded.
I would now turn the call over to Stuart Baker, vice president, global strategic planning and business development. Mr. Baker, you may begin. 
Stuart Baker
Vice President, Global Strategic Planning and Business Development
Thank you and good morning, everyone. We issued our earnings press release this morning to the investor relations portion of the website at investor.hayward.com where you can also find an earnings slide presentation that we ll reference during this call. Before we begin, I would like to remind everyone that during this call, the company may make certain statements that constitute forward-looking statements within the meaning of the Private Securi ....

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