UTi Worldwide (UTIW) Misses Q1 EPS by 20c

UTi Worldwide (NASDAQ: UTIW) reported Q1 EPS of ($0.35), $0.20 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $973.3 million versus the consensus estimate of $1.02 billion.

Earnings before interest, taxes, depreciation and amortization, excluding severance and other items set out in the reconciliation included with this press release (Adjusted EBITDA), decreased to $8.0 million from $18.2 million

UTi Worldwide reaffirmed FY2016 guidance.

For earnings history and earnings-related data on UTi Worldwide (UTIW) click here.

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