Geeknet (GKNT) Misses Q1 EPS by 21c

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Go back to Geeknet (GKNT) Misses Q1 EPS by 21c

Geeknet Announces First Quarter 2015 Financial Results

May 8, 2015 7:00 AM EDT

FAIRFAX, Va., May 8, 2015 /PRNewswire/ -- Geeknet, Inc. (Nasdaq: GKNT), the parent company of online retailers ThinkGeek.com and ThinkGeek Solutions, today announced its financial results for the first quarter ended March 31, 2015.

Total revenue for the first quarter of 2015 was $19.1 million, a decrease of 16% from $22.7 million in the first quarter of 2014, reflecting our strategy to reduce site-wide promotions and low productivity SKUs while investing in our exclusive... More