Black Diamond (BDE) Reports Q1 EPS of $0.02

Black Diamond (NASDAQ: BDE) reported Q1 EPS of $0.02, versus ($0.07) reported last year. Revenue for the quarter came in at $41.6 million versus the consensus estimate of $39.22 million.

• Sales of $41.6 million, up 9%.
• Gross margin up 90 basis points to 29.6%.
• Selling, general and administrative expenses down 12% to $12.5 million.
• Net loss was $1.5 million or $(0.05) per share, compared to a net loss of $4.0 million or $(0.13) per share.
• Adjusted net income before non-cash items increased to $0.5 million or $0.02 per share, compared to a loss of $2.2 million or $(0.07) per share.

For earnings history and earnings-related data on Black Diamond (BDE) click here.

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