Black Box (BBOX) Misses Q1 EPS by 5c

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Go back to Black Box (BBOX) Misses Q1 EPS by 5c

Black Box Corporation Reports First Quarter of Fiscal 2016 Results

July 28, 2015 4:11 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- Black Box Corporation (NASDAQ: BBOX), a leading technology solutions provider dedicated to helping customers design, build, manage and secure their IT infrastructure, today reported results for the first quarter of Fiscal 2016.

1Q16 Results

Revenues were $229.2 million, down 7% from $245.2 million for the same period last year and down 7% from $245.1 million in the sequential period. Provision for income taxes was $2.1 million (73.3% effective rate), down 41% from $3.5 million (47.2% effective rate) for the same period last year and compared to benefit for income taxes of $0.4... More