LJ Int'l (JADE) Reports Lower Q2 Earnings; Guides Q3
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LJ International Inc. (Nasdaq: JADE) reports Q2 EPS of $0.01, ex-items, compared to the company's prior guidance of $0.02-$0.03 for the quarter. Revenues for the quarter were $31.1 million, down 6% from $33.1 million in Q207.
Sees Q3 revs of about $32 million, compared to $37.8 million in Q307 and a loss of $0.01-$0.02, versus a gain of $0.02 in the same quarter last year.
LJ International, Inc., together with its subsidiaries, engages in the design, manufacture, marketing, and sale of precious and color gemstones, as well as diamond jewelry.
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