LeapFrog Enterprises (LF) Misses Q1 EPS by 11c, Revenue Tops Views

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LeapFrog Reports First Quarter Fiscal Year 2016 Financial Results

August 4, 2015 4:05 PM EDT

EMERYVILLE, Calif., Aug. 4, 2015 /PRNewswire/ -- LeapFrog Enterprises, Inc. (NYSE: LF) today announced financial results for the first quarter fiscal year 2016. The company's fiscal year covers the twelve-month period ending March 31, 2016.

Summary of financial results for the quarter ended June 30, 2015 compared to the quarter ended June 30, 2014:

Consolidated net sales were $38.7 million, down 18%. U.S. segment net sales were down 9%, and international segment net sales were down 35%. Net loss per basic and diluted share was... More