Heelys (HLYS) Reports Q1 Loss of $0.05; Completes Strategic Review: Will Remain as Independent Company

May 14, 2009 4:13 PM EDT

Heelys, Inc. (NASDAQ: HLYS) reports Q1 loss of $0.05, compared to a loss of $0.04 in the same quarter last year. Revenue for the quarter was $9.2 million, versus $13.1 million in Q108.

Completed strategic review and decided it is in the best interest to continue as an independent company.


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