ZAGG, Inc. (ZAGG) Tops Q2 EPS by 4c; Raises Adjusted EBITDA Guidance
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ZAGG, Inc. (NASDAQ: ZAGG) reported Q2 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $66.7 million versus the consensus estimate of $57.76 million.
Company raises Adjusted EBITDA guidance range to $40 - $43 million.
"We are pleased to announce record sales for the second quarter and significant improvement in our profitability. These results reflect successful execution against our strategic plan to expand distribution and product placement, improve brand awareness, as well as improve our operational efficiencies," commented Randy Hales, president and CEO of ZAGG Inc. "The company is well positioned to further our goal as the leading global brand in mobile accessories that consumers rely on to make the most of their mobile lives. This momentum, along with our commitment to continuous improvement, will enhance our financial performance and long-term shareholder value.
For earnings history and earnings-related data on ZAGG, Inc. (ZAGG) click here.
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