Skullcandy (SKUL) Tops Q4 EPS by 2c; Sales Blow Past Views

Skullcandy (NASDAQ: SKUL) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $96.8 million versus the consensus estimate of $82.13 million.

"We delivered strong fourth quarter results highlighted by 34% revenue growth, doubling earnings per share from a year ago and capturing the #1 position in for total headphone units sold at domestic retail for full year 2014. Our recent performance demonstrates that our strategy of exciting our consumer through innovation and leveraging our brand and capabilities into adjacent audio categories is working," said Hoby Darling, President and Chief Executive Officer. "2014 marked an important inflection point in the evolution of our company. The business is becoming more diversified, our teams are aligned and hungry for success, and we have a clearly defined roadmap for the future that is working. The foundations have been set for 2015 and we are on full attack."

For earnings history and earnings-related data on Skullcandy (SKUL) click here.

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