Piper Jaffray Raises PT Following Black Diamond's (BDE) Strong 1Q
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Black Diamond Reports Record First Quarter 2015 Results
May 11, 2015 4:05 PM EDTSALT LAKE CITY, May 11, 2015 (GLOBE NEWSWIRE) -- Black Diamond, Inc. (Nasdaq: BDE) (the "Company" or "Black Diamond"), a global leader of innovative active outdoor performance equipment and apparel, reported financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights vs. Same Year-Ago Quarter
Sales up 13% to a record $50.3 million (up 18% in constant currency) Gross margin increased 30 basis points to 37.8% (up 290 basis points constant currency) Adjusted EBITDA increased to $1.9 million from a loss of $2.2 million Adjusted net income from continuing operations before non-cash items... More